Barclays appoints Peter Luck Chairman of UK Investment Banking

Barclays today announced the appointment of Peter Luck as Chairman of UK Investment Banking.

He joins Barclays from Bank of America, where he was Head of UK Investment Banking and Head of EMEA Corporate Broking. Prior to Bank of America, he spent 13 years at UBS.

Peter’s track record includes landmark M&A transactions such as Comcast’s £30bn acquisition of Sky, Just Eat’s £9bn combination with Takeaway.com, GSK’s $25bn Haleon share sale and HSBC’s $15bn privatisation of Hang Seng, as well as major Government share disposals in Lloyds and NatWest. He also led several of the UK’s most successful IPOs in recent years, including Rightmove, Auto Trader, Helios Towers and Baltic Classifieds, and advised on significant equity raisings for companies including Severn Trent.

Peter’s appointment builds on Barclays momentum from a series of high-profile client transactions this year, including Rosebank’s $3.05bn acquisition of Components and CPM and Nuveen’s acquisition of Schroders. He will start later in the year in and focus on deepening senior client engagement particularly, with large-cap corporates and financial sponsor UK leaders while supporting further integration across the Investment Bank.

Commenting on Peter’s appointment, Tom Johnson, Barclays Co-Head of Investment Banking EMEA said: “Peter brings extensive experience in advisory, equity capital markets and corporate broking, particularly in complex, high-value transactions. His appointment will build on the inherent strengths of our home market and further emphasise Barclays’ leadership in the UK with domestic and global clients.”