Barclays Promotes 116 Employees to Managing Director

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Dec 05, 2024

Barclays has promoted 116 employees to the position of Managing Director. According to an insider, the investment banking division received the largest share of promotions, benefiting from increased client activity driven by market volatility. On Wall Street, the Managing Director title is associated with higher salaries and prestige. This year's promotions include approximately 28% women and around 7% employees from minority backgrounds.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.