Barclays investment banking boss steps down

Stepping down less than a year after his appointment.

Bloomberg News reports that Barclays' Jerry Donini will step down, less than a year after being named chief operating officer of its corporate and investment banking division.

Donini, 49, will be replaced by Justin Bull from September 1, according to an internal memo seen by Bloomberg News.

He took up the job in October when then-investment banking chief Rich Ricci combined some of the bank’s fixed income and equities teams.

In the meantime, Reuters reports that Barclays' Robert Bogucki will take on the additional role of head of commodities trading for the Americas, a person familiar with the business said.

The title adds to a list of Bogucki's job duties at Barclays investment bank, which also includes global head of crude oil and refined products trading and head of power and gas trading, this source said.

Barclays’s Jerry Donini to Step Down as COO of Investment Bank

Barclays names commodities trading chief for the Americas

image: © Elliot Brown

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