Goldman hires ex-Barclays man to co-chair M&A

Lloyd Fonzie Blankfein

Goldman Sachs, this year’s top-ranked takeover adviser, hired Paul Parker to be a co-chairman of its mergers and acquisitions group less than three months after he left Barclays.

Bloomberg News reports that Parker, 51, served as global head of finance at Barclays before being named to run the worldwide mergers and acquisitions in October. He decided to leave in May after a reorganization of the bank that prompted the departure of Hugh 'Skip' McGee, who ran the business in the Americas.

At Goldman Sachs, Parker will be co-chairman of the M&A group with Tim Ingrassia and Jack Levy, Michael DuVally, a spokesman for the firm, said yesterday. The post is a senior position dealing directly with clients. Gregg Lemkau and Gene Sykes are the group’s global heads, running the business.

To access the complete Bloomberg News article hit the link below:

Goldman Sachs Hires Former Barclays M&A Head Paul Parker

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