Manging director for Barclays Wealth & Investment Management, Julian Cooper, has left after 23 years with the bank.
Cooper previously held roles at Natwest Markets and KPMG before joining Barclays in 1993.
The bank had previously injected £350m into the wealth management business under previous chief executive, Tom Kalaris, with the aim of bringing the assets under management to £300bn.
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According to the latest results posted in March 2016, Barclays’ Personal and Corporate Banking arm, which includes the wealth business, registered an attributable profit of £2.18bn in 2015, up 6% compared to £2.06bn in 2014. Barclays is seen to be making significant progress as it seeks to dispose of its non-core risk weighted assets since the beginning of 2016.
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