Barclays Appoints Michael Del Giudice As Chairman Of Financial Sponsors Group
Portfolio Pulse from Benzinga Newsdesk
Barclays has appointed Michael Del Giudice as Chairman of Financial Sponsors Group. Del Giudice, who has over 30 years of investment banking experience, will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group. He was most recently a senior Managing Director in Citi's Global Asset Management group. The appointment is part of Barclays' strategy to expand its footprint and capabilities in the financial sponsors space.
October 12, 2023 | 8:40 pm
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The appointment of Michael Del Giudice as Chairman of Financial Sponsors Group at Barclays could potentially strengthen the bank's position in the financial sponsors space, which may have a positive impact on Barclays' stock.
The appointment of a seasoned investment banker like Michael Del Giudice, who has deep connections across the private equity and alternative asset management industry, could potentially enhance Barclays' capabilities and expand its footprint in the financial sponsors space. This could lead to increased business and revenues for the bank, which may positively impact its stock price in the short term.
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