Skip to content
Subscriber Only

Barclays Promotes Essaid as Dealmaking Unit Plans Hiring Spree

  • Bankers sought at all levels, junior staff will be built out
  • M&A ‘going to remain very high and very intense,’ Astier says

Barclays Plc promoted Ihsan Essaid to help lead its global mergers-and-acquisitions team as the firm plans to add dealmakers and junior bankers in its quest for more market share. 

Essaid, who joined London-based Barclays last year from Credit Suisse Group AG, will lead the M&A team alongside Gary Posternack, according to a memo to staff. The two will have the task of hiring more bankers at all levels and building out a dedicated team of junior bankers within the unit, JF Astier and John Miller, global co-heads of investment banking, said in the memo.