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Barclays head of UK wealth management to exit

by Danielle Levy on Jul 08, 2014 at 14:05

Barclays head of UK wealth management to exit

Barclay's head of UK and European wealth management Henry Fischel-Bock is to leave the bank.

Fischel-Bock is understood to have lined up another role. His career in wealth management spans over 30 years, having joined Barclays in 2010 from Miami-based International Planning Group. 

A spokeswoman at Barclays Wealth & Investment Management said: 'We are actively recruiting for a successor to Henry and have appointed an experienced management team to lead the business in the interim.'

His departure follows Barclays Wealth & Investment Management chief Peter Horrell's decision to step down from the business at the end of the year. 

1 comment so far. Why not have your say?

complacency rules

Jul 08, 2014 at 14:45

This clearly demonstrates that Jenkins was right to pay big bonuses in order to retain the high quality staff required to grow Barclay's business. However, here is yet another example (among many recent examples) of someone taking the money and still leaving. Jenkins was appointed to save the sinking ship that Barclays has become. His polices are just creating bigger holes and causing the ship to sink faster. The shareholders tried to stage a mutiny over bonuses but so many Barclays staff hold shares that the revolution was not going to succeed. Well those same staff are now leaving in their droves. Jenkins needs to resign before a once great bank becomes another Marie Celeste. (Sorry about the metaphor - I just could not resist, at least I did not mention rats leaving sink.....)

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