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UK bank Barclays poaches Laurent Meyer from SocGen – Metro US

UK bank Barclays poaches Laurent Meyer from SocGen

FILE PHOTO: A Barclays bank building is seen at Canary
FILE PHOTO: A Barclays bank building is seen at Canary Wharf in London

PARIS (Reuters) – British bank Barclays has poached Laurent Meyer from French rival Societe Generale to become Barclays’ new vice-chairman for its European investment banking arm.

Barclays on Thursday said that Meyer would focus on driving revenue growth for the investment banking business in Europe, with a focus on delivering mergers and acquisitions (M&A) and Equity Capital Markets advice to clients in France and Europe.

Meyer had spent the past 23 years at SocGen, where he was most recently a senior banker in charge of covering and developing relationships with a large portfolio of global strategic clients.

(Reporting by Sudip Kar-Gupta; Editing by David Goodman)