March 3, 2024

Online bewerbungsmappe

Business The Solution

Barclays names Ihsan Essaid co-head of global M&A

© Reuters. A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls

(Reuters) – Barclays (LON:) appointed Ihsan Essaid as co-head of its global mergers and acquisitions enterprise, in accordance to a memo observed by Reuters on Thursday.

Essaid is a veteran of about three many years in the expense banking sector, has principally labored throughout the media and telecoms sectors, in accordance the memo.

Essaid, who was earlier with the Credit Suisse (6:) team, will guide the M&A group with Gary Posternack.

A Barclays spokesman verified the contents of the memo.

Barclay’s world M&A small business experienced a record year in 2021, exceeding its prior all-time-substantial revenues by extra than 25%, the memo claimed.

Worldwide M&A volumes topped $5 trillion for the first time ever in 2021, easily eclipsing the prior history of $4.55 trillion established in 2007, in accordance to Dealogic info. Financial commitment bankers expect the dealmaking frenzy to carry on effectively into up coming year.

Last thirty day period, Barclays explained its financial investment lender shipped its strongest at any time earnings of 5.8 billion lbs, thanks to a 34% improve in costs from advising on specials this sort of as mergers and fundraising.

Disclaimer: Fusion Media would like to remind you that the information contained in this web page is not essentially true-time nor exact. All CFDs (stocks, indexes, futures) and Currency trading selling prices are not furnished by exchanges but relatively by sector makers, and so costs could not be exact and may well differ from the actual market place cost, which means prices are indicative and not ideal for trading reasons. As a result Fusion Media doesn`t bear any obligation for any buying and selling losses you might incur as a outcome of working with this data.

Fusion Media or anybody included with Fusion Media will not accept any legal responsibility for decline or harm as a result of reliance on the information such as information, estimates, charts and buy/provide indicators contained within this site. You should be fully educated pertaining to the hazards and charges involved with trading the fiscal marketplaces, it is one of the riskiest financial commitment varieties achievable.