Daily News: July 9, 2014

Barclays Names Posternack M&A Chief

Bloomberg reported Barclays Plc named Gary Posternack global head of mergers and acquisitions, according to a person briefed on the matter.

According to Bloomberg , Posternack, 47, had been head of Americas M&A, and joined Lehman Brothers Holdings in 1995, before Barclays bought the investment bank’s North American operation out of bankruptcy in 2008. He is also a former natural resources mergers chief, Bloomberg said further.

To read the entire Bloomberg article, click here.