• Most Popular
  • Most Shared

Top Barclays fundraiser set to leave - paper

Sun Jul 19, 2009 8:34am EDT

Stocks

   

LONDON, July 19 (Reuters) - Roger Jenkins, the executive who secured billions of pounds in overseas funding to help Barclays (BARC.L) remain free from direct government investment, is poised to leave the bank, the Sunday Telegragh reported.

The newspaper, without naming sources, said Jenkins was quitting to set up an advisory business that will work with sovereign wealth funds and other cash-rich institutions on takeover and other deals.

He is expected to continue advising Barclays on a consultancy basis, including in relation to its largest shareholder, the Qatar Investment Authority, the paper said.

Barclays was not immediately available for comment. (Reporting by Mark Potter; Editing by David Cowell)



More from Reuters

Photo

Copenhagen climate talks in trouble, blame begins

COPENHAGEN (Reuters) - Prospects for a strong U.N. climate pact grew more remote on Thursday at the climax of two-year talks as ministers and leaders blamed leading emitters China and the United States for deadlock on carbon cuts. | Video

» More Top News
Marine from Delta Company of 2nd Light Armored Reconnaissance Battalion patrols near the town of Khan Neshin in Rig district of Helmand province, southern Afghanistan September 10, 2009. REUTERS/Goran Tomasevic

A bloody fight looms

Marines on the frontlines of the Afghan surge in Helmand Province are ramping up for a battle that their commander says will be the "end of the line" for insurgents.  Full Article 

AFGHANISTAN
The tail section of the turboprop MQ-9 Predator B drone is seen on the tarmac at Fort Huachuca, Arizona, December 5, 2006.

Just don't say the D-word

In the high-testosterone world of military jets, the words "drone" and "unmanned aerial vehicle" don't fly. Now there's a new term in town.  Full Article 

AEROSPACE & DEFENSE SUMMIT