Henry Fischel-Bock, head of Wealth Management UK and Europe at Barclays Wealth and Investment Management (W&IM), has stepped down from the bank to pursue opportunities elsewhere.

In regards to a possible replacement, Barclays said: "We are actively recruiting for a successor to Henry and have appointed an experience management team to lead the business in the interim."

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This is the second significant departure from Barclays W&IM in recent weeks as Peter Horrell, CEO of the arm, announced last month that he has decided to step down at the end of this year.

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