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Barclays Names Cathal Deasy Co-Head of Investment Banking With Wright

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Cathal Deasy joined Barclays in March 2023 to serve as co-head of investment banking alongside Wright, replacing JK Astier and John Miller. Deasy came from Credit Suisse, where he led investment banking and capital markets briefly. The move upset some ex-Lehman bankers and Deasy’s preference drew criticism versus Marco Valla, who later left for UBS. Barclays has reportedly clawed back some market share.

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