Business & Finance
Business and Finance
Business and Finance
Fri, January 9, 2009 Barclays Capital: Barclays Capital Appoints Tim Kitchen Head of Investment Banking in Canada
NEW YORK, NY--(Marketwire - January 9, 2009) - Barclays Capital (
Mr. Kitchen has over 18 years of experience in investment banking and previously served as Managing Director, Head of Barclays Capital's Calgary Investment Banking team. Prior to joining Barclays Capital in September 2008, Mr. Kitchen held the same position at Lehman Brothers after joining the firm in January 2007. He also previously worked in the Investment Banking Division of CIBC World Markets for 16 years in the firm's Calgary office where he focused primarily on Natural Resources.
Commenting on the appointment, Skip McGee, Head of Global Investment Banking at Barclays Capital, said, "Having built his investment banking career over nearly two decades in Canada, Tim has cultivated deep client relationships and has established a well deserved reputation within the firm as a strong leader. He is ideally suited to oversee our Canadian investment banking operations and will play an invaluable role in our continued growth in the region."
"Canada is a great strategic opportunity for Barclays Capital. The firm has established a strong foothold in the Americas region, particularly with the recent acquisition of the Lehman Brothers businesses, and is committed to growing the franchise through new hires in the region and the continued development of innovative products and services for our clients," said Jerry del Missier, President of Barclays Capital.
Barclays in Canada
Barclays PLC has a growing presence in Canada through Barclays Capital, its investment banking division, and Barclays Global Investors (BGI), its asset management division.
Barclays Capital in Canada has offices in Toronto and Calgary and provides investment banking products and services to corporate, government and institutional clients. The firm also operates a growing commodities trading business in Canada.
Barclays Global Investors Canada Limited (BGI Canada) is an indirect subsidiary of Barclays PLC and a part of BGI. As of November 2008, BGI Canada managed over CAD$53 billion in Canadian assets and other assets for Canadian clients, including over CAD$14 billion in the 28 TSX-listed iShares Funds. BGI Canada has offices in Toronto and Montreal.
About Barclays Capital
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a comprehensive set of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs over 20,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide. For further information about Barclays Capital, please visit our website [ www.barclayscapital.com ].
