Barclays Appoints Peter Luck as Chairman of UK Investment Banking | LeapRate
Barclays has announced the appointment of Peter Luck as Chairman of UK Investment Banking, strengthening its leadership team in the bank’s core domestic market.
Luck joins from Bank of America, where he served as Head of UK Investment Banking and Head of EMEA Corporate Broking. Before that, he spent 13 years at UBS, building a career centred on advisory work, equity capital markets and corporate broking.
His track record includes several landmark M&A transactions, among them Comcast’s £30bn acquisition of Sky, Just Eat’s £9bn combination with Takeaway.com, GSK’s $25bn Haleon share sale and HSBC’s $15bn privatisation of Hang Seng. He has also played a role in major Government share disposals in Lloyds and NatWest.
Luck has been involved in some of the UK’s most notable IPOs in recent years, including Rightmove, Auto Trader, Helios Towers and Baltic Classifieds Group, and has advised on significant equity raisings, including for Severn Trent.
The appointment follows a string of high-profile deals for Barclays this year, including Rosebank’s $3.05bn acquisition of Components and CPM and Nuveen’s acquisition of Schroders. Luck is expected to start later this year, with a focus on deepening engagement with large-cap corporates and financial sponsors while supporting further integration across the Investment Bank.
Tom Johnson, Barclays’ Co-Head of Investment Banking EMEA, said Luck brings “extensive experience in advisory, equity capital markets and corporate broking, particularly in complex, high-value transactions,” adding that his appointment would reinforce Barclays’ standing with both domestic and global clients in the UK.
