Barclays announces the appointment of Tim Main as Chairman of Global FIG, based in New York. Mr. Main joins Barclays from Evercore Partners where he was most recently Senior Managing Director, with responsibility for covering clients in banking, specialty finance and wealth and asset management.
Mr. Main has more than 25 years of experience in banking and has advised on some of the largest and most transformational deals over the past two decades including the merger of Wachovia and Wells Fargo, RBC’s $4.1bn acquisition of Ally Canada and most recently M&T Bank’s takeover of Hudson City for $3.7bn.
Prior to joining Evercore, Mr. Main spent over 20 years at J.P. Morgan, which he joined as an analyst in 1987 and where he gained unique experience working in the CEO’s office. He then moved on to run Global ECM and, most notably, led J.P. Morgan’s FIG business for over 10 years acting as in-house advisor on J.P. Morgan’s own deals.
Commenting on the appointment, John Miller, Head of Americas Banking, said: “Tim has an outstanding track record and vast knowledge, experience and relationships. His expertise fits perfectly with our origination-led banking model. This appointment reflects our ongoing commitment to bringing top-tier talent into Barclays, and providing clients with first-class strategic advice.”
In his role as Chairman of Global FIG, Mr. Main will be responsible for developing further relationships and strategic dialogue with key clients worldwide. He will continue to use his expertise within the FIG franchise, while selectively working across a range of other sectors within the financial services landscape. He will work closely with Lee Einbinder and Richard Bonaventura, Co-Heads of FIG Banking in the Americas, and report to Mr. Miller.
Mr. Main has an A.B. in Economics and Mathematics from Princeton University.
Barclays’ Investment Bank is currently ranked 6th in the Dealogic Fee Share league table, and remains the highest ranked European bank globally and in the Americas at the end of May. Within the FIG sector, Barclays has advised on notable transactions including: GE Capital’s sale of its Commercial Lending and Leasing platforms in France and Germany to Crédit Mutuel, Catlin’s sale to XL Group plc, Deutsche Börse’s proposed merger with London Stock Exchange, and Element’s acquisition of GE Capital’s Fleet Operations.
As Barclays continues to build on its strength as a transatlantic tier one Investment Bank, anchored in the two financial centers of the world, London and New York, Barclays will continue to strategically invest to ensure it meets the complex needs of its clients worldwide. To support this strategy, Barclays has recently appointed:
- Carlo Calabria, Chairman, M&A EMEA, who joined from CMC Capital (March 2016)
- Jason Haas, Head of Americas Healthcare, David Levin, Co-Head of Healthcare M&A, and Evan Matlin, Director in the Healthcare Banking team, who joined from Deutsche Bank (March 2016)
- Eric Biddle, Managing Director, Consumer Retail Banking, who joined from Bank of America (March 2016)
- Ben Taylor, Managing Director, Healthcare Banking, who joined from Goldman Sachs (December 2015)
- Christine Poon, Senior Advisor, Healthcare Banking, who joined form Johnson & Johnson Inc. (December 2015)
Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.