People News: Barclays, Sberbank

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Barclays has hired Bank of America 's Eric Biddle as an investment banker to retail and consumer companies, according to people familiar with the matter.

Reuters reports that Biddle will join the bank in New York as a managing director in its investment banking division, focusing on apparel, specialty retail and hardlines.

In the meantime, Reuters also reports that Sberbank's corporate and investment bank said Paolo Zaniboni was stepping down as the head of its London office and the unit's chief operating officer would take over as acting UK CEO.

Zaniboni, who joined Sberbank in 2007, was leaving to pursue new opportunities outside the company, Sberbank said on Wednesday.

Bank of America retail banker Biddle joins Barclays - sources

Sberbank CIB head of UK Zaniboni leaves

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