Barclays, a British multinational investment bank, has announced on Tuesday the appointment of Craig Stine as the vice president of its global financial institutions group (FIG) banking.
Stine has over twenty-eight years of experience in the banking industry, especially in the specialty finance sector.
His latest role is as an executive vice chairman of FIG banking at Credit Suisse, which he joined in 2011. Prior to that, he was the co-chief executive officer and co-head of investment banking at Citadel Securities.
Stine started his banking career in 1992 at Salomon Brothers, which became part of Citigroup in 1998, and he became the co-head of FIG, North America at the time of his move to Citadel Securities.
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Commenting on his appointment, Tim Main, global head of FIG Banking at Barclays, said: “Craig’s deep industry knowledge, long-established partner relationships, and extensive transactional expertise will generate tremendous value for our clients. These qualities, combined with his proven leadership capabilities and experience, make him a superb addition to our FIG Banking platform and our broader Banking franchise.”
Key appointments in the bank
He will assume his new role at Barclays in the coming October.
Stine’s appointment came following multiple senior level appointments – Alex Lynch as chairman of banking within its investment bank in May and Gautam Chawla as vice chairman of FIG Banking in June.
“Our FIG Banking team is achieving outstanding results and momentum in what is a critical sector of focus within our Investment Banking business,” John Miller, global head of banking coverage at Barclays, added. “Craig’s appointment will strengthen our ability to provide best in class strategic advice and execution, and is further evidence of Barclays’ commitment to expand our global team of highly experienced bankers to deliver a superior value proposition for our clients.”