Barclays announces that it will appoint Mike Joo and Adeel Khan as Co-CEOs of its Investment Bank with effect from February 2027, subject to regulatory approval.
Mike Joo will join in early 2027 from Bank of America, where he served most recently as Co-Head of Global Investment Banking. He joined Bank of America in 2006 and has held a range of senior leadership roles across Global Corporate and Investment Banking and Global Markets.
Adeel Khan leads Global Markets and has served as Co-Head of the Investment Bank since 2021.
Both Khan and Joo will sit on the Group Executive Committee.
C.S. Venkatakrishnan, Barclays Group Chief Executive, said: “Since 2023, our Investment Bank has delivered a strong performance, growing revenues and returns and driving a more integrated service for clients. As we enter the next stage of our strategy and reflecting the ambition we have for our Investment Bank, Adeel and Mike will form a strong partnership to deliver an even stronger, more integrated service to our clients.”
Source: Barclays
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
There is growing demand for specialist AI platforms designed for financial services.
-
Phase 2 explores if a stablecoin & digital pound can settle the same cross-border payment in the same flow.
-
The acquisition will add $30bn in active income ETFs to Goldman Sachs Asset Management.
-
Julia Demidova spent more than four years developing Lyriq, an FIS platform for regulated institutions.
-
BlackRock, BNY, DTCC, Standard Chartered are exploring integrations before the launch in September.