Former Lehman COO to leave Barclays

Sat Nov 1, 2008 12:13am GMT
 
Email | Print | | Single Page
[-] Text [+]

NEW YORK (Reuters) - Herbert "Bart" McDade, former chief operating officer of Lehman Brothers Holdings (LEHMQ.PK), is leaving Barclays Capital at the end of November, a spokeswoman said.

Barclays (BARC.L) acquired Lehman's U.S. investment banking businesses last month after Lehman's holding company filed for bankruptcy. McDade was on the transition team to help integrate the two banks' businesses.

McDade replaced Joseph Gregory as COO in June, days after Lehman said it expected its first ever loss as a public company. McDade had previously headed the equities business, and before that, the fixed income business.

(Reporting by Dan Wilchins, editing by Richard Chang)

 
Anthony Bolton, president for investments at Fidelity International, an affiliate of Boston-based Fidelity Investments, the world's biggest mutual fund firm, listens to a reporter's question during a news conference in Seoul October 21, 2009.   REUTERS/Lee Jae-Won
Bolton bets on China

Top-performing fund manager Anthony Bolton says he plans to return to managing money next year, with a focus on the increasingly important Chinese market.  Full Article 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos