Calabria is one of nine new people employed to Barclays' investment banking operations from CMC Capital.
"Carlo will work closely with Pier Luigi Colizzi, Head of M&A EMEA, to help accelerate the delivery of our strategy and move us further into the top five in M&A EMEA," Barclays said.
Calabria has previously worked as vice chairman of Bank of American Merrill Lynch's global corporate and investment banking division, as well as holding several other senior roles.
“We are delighted that Carlo has joined Barclays, his senior client experience and proven track record will further help to drive the momentum of our EMEA Banking business. These appointments show the strength of our platform and our commitment to better help our clients achieve their goals," Crispin Osborne, co-head of banking EMEA at Barclays said.
Enrico Chiapparoli is also joining the industrials team, while Stefano Soldi will be working on power and utilities.