Barclays Capital has hired NM Rothschild & Sons’s global co-head of financial institutions, Stefano Marsaglia, as chairman of its world-wide financial-institutions group, a signal of the investment bank’s global ambitions, reports the WSJ. Marsaglia was at Rothschild for 17 years, and will help expand BarCap’s growing advisory business. He is one of the most senior investment bankers to join BarCap since its acquisition of Lehman Brothers’ North America operations a year ago.
