September 26, 2008 / 11:00 PM / 10 years ago

Lehman's McGee, Donini get senior BarCap roles

NEW YORK, Sept 26 (Reuters) - Two Lehman Brothers executives, Hugh McGee and Gerald Donini, will have senior management positions at Barclays Capital, a spokesman said on Friday.

McGee, former global head of investment banking at Lehman, will be head of investment banking and leveraged finance at BarCap, a unit of Barclays Plc (BARC.L).

Donini, global head of equities at Lehman, will have a similar role at BarCap, said Barclays Capital spokesman Mark Lane.

Lehman Brothers Holdings Inc filed for bankruptcy last week, and Barclays agreed to pay $1.75 billion for the company’s North American investment banking and capital markets businesses soon after that. The deal value was reduced slightly late last week.

Larry Kantor is heading research at Barclays Capital, while Benoit de Vitry heads commodities and emerging markets. Ivan Ritossa is heading foreign exchange and prime services, while Eric Bommensath heads fixed income. Tom Kalaris is in charge of wealth management, including private investment staff that were in Lehman’s broker-dealer unit. (Reporting by Dan Wilchins, editing by Richard Chang)

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