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.

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