Barclays Taps Richard Casavechia as Its Newest M&A Head

Barclays PLC has appointed Richard Casavechia as its newest Head of Mergers and Acquisition (M&A) structuring and is slated to take up his new position after coming over from Bank of America Corp by year's end.

Barclays has been relatively quiet on the hiring front during the past few months, whereas other leading banks have been more activivity in restructuring several departments, namely FX. In his new role, Mr. Casavechia will report to Gary Posternack, Barclays’ Global Head of M&A.

Mr. Casavechia joins Barclays from Bank of America Securities where he worked as Managing Director, M&A. Prior to Bank of America he was also Managing Director, M&A at Bank of America Merrill Lynch and JPMorgan dating back to 1997.