Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Barclays exodus continues as global investment head departs

Barclays exodus continues as global investment head departs

Barclays Wealth & Investment Management division has been rocked by another senior departure, as its head of global investments and solutions Rory Tobin exits.

Tobin, formerly head of iShares International, had been at the bank since 2012 and had previously worked closely with ex-private bank head David Semaya on Barclays' asset management proposition.

His departure follows that of UK wealth management head Henry Fischel-Bock in early July to join Lombard Odier, while chief executive Peter Horrell announced he will stand down at the end of the year.

Commenting on Tobin's departure, Ashok Vaswani, head of personal and corporate banking, said: 'Rory Tobin, head of Global Investments and Solutions (GI&S) at Barclays’ Wealth and Investment Management  business has decided to step down from Barclays and return to institutional asset management. A search for his successor, with a proven track record, to lead GI&S is underway.'

He added that GI&S remains a core component within Barclays Personal and Corporate Banking.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter