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| Name | Symbol | Market | Type |
|---|---|---|---|
| Barclays PLC | NYSE:BCS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.05 | -0.45% | 10.99 | 8,116 | 13:05:40 |
From May 2019 to May 2024
By Max Colchester
LONDON--Barclays PLC (BARC.LN) is appointing long-time executive Joe McGrath to head its Americas division, the bank said.
Joe Gold, who will be replaced by Mr. McGrath as head of Barclays Americas, will now focus on his role as deputy chief executive of the British lender's corporate and investment banking division. Barclays is searching for a new executive to take the top job at that division.
In July new rules will force Barclays to house its U.S. business in a separately capitalised entity. Mr. McGrath will be tasked with ensuring the U.S. unit meets stress testing requirements. Mr. McGrath--who joined Barclays a decade ago--will also continue in his current role as co-head of banking.
Write to Max Colchester at max.colchester@wsj.com
(END) Dow Jones Newswires
May 27, 2016 12:00 ET (16:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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