Former Lehman CFO Lowitt Said to Leave Barclays Wealth Unit
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Ian Lowitt, who served as chief financial officer of Lehman Brothers Holdings Inc. in the months before its 2008 collapse, is leaving Barclays Plc, a person with direct knowledge of the move said.
Lowitt, 48, had joined Barclays when the London-based bank bought Lehman’s U.S. securities business through a bankruptcy auction in 2008. At Barclays, he was chief operating officer of the wealth and investment management division in the Americas.