Barclays has appointed Emily Portney as the chief financial officer for its corporate and international (BC&I) business, which includes its investment bank, a person familiar with the matter said on Friday.
Reuters reports that Portney is another former JP Morgan banker - joining a number of senior executives from the bank who have moved to Barclays since Jes Staley arrived as CEO a year ago. Staley previously ran JP Morgan's investment bank.
In the meantime, Bloomberg also reports that Goldman Sachs’s global co-head for energy investment banking, Alastair Maxwell, has retired from the U.S. lender, according to an internal memo seen by Bloomberg News.
Sean Rice, who was Maxwell’s partner in the role, will continue as the sole head of the business, a person familiar with the matter said, asking not to be identified as the information is private. Rice will continue to report to Gonzalo Garcia and Suhail Sikhtian who are co-heads of the global natural resources group within the investment banking division, the person said.
White, who led sales out of Singapore for the team that provides services to hedge funds, has moved to the bank’s investor client services division in London, which caters to corporate, institutional and other investors, according to Julie Yeo, a UBS spokeswoman.