Barclays Appoints Na Wei as Global Head of Leveraged Finance

Na Wei’s appointment as Global Head of Leveraged Finance at Barclays highlights the bank’s commitment to expanding its market share and delivering strategic capital to clients.

Barclays, a British universal bank, has announced the appointment of Na Wei as the Global Head of Leveraged Finance. Reporting to Travis Barnes and Tom Johnson, Global Co-Heads of Capital Markets at Barclays, Na Wei will be responsible for leading the Leveraged Finance business and driving growth in the increasingly complex financing market. This appointment comes as Barclays aims to strengthen its market position and enhance its client services.

Barclays’ Success in EMEA:

Under Na Wei’s leadership of Barclays’ Leveraged Finance business in the Europe, Middle East, and Africa (EMEA) region, the firm achieved a remarkable ascent in 2023. According to Dealogic data, Barclays rose from the seventh position in 2022 to a top three ranking in 2023. Na Wei’s strategic vision and commitment to delivering exceptional service to clients have also contributed to a significant increase in Barclays’ market share with its top twenty Financial Sponsors clients.

Travis Barnes, one of the Global Co-Heads of Capital Markets at Barclays, expressed confidence in Na Wei’s ability to position the bank for future success. He emphasized her proven track record of growing business and market share, which will be instrumental in navigating the evolving financing landscape.

Expanding Global Market Share:

Tom Johnson, the other Global Co-Head of Capital Markets at Barclays, highlighted Na Wei’s disciplined focus on delivering strategic capital to important clients in the EMEA franchise. He expressed optimism that she will replicate this mindset across the bank’s global business, enabling Barclays to further increase its market share in the United States and globally.

See also  The Five Levels of Financial Independence: A Roadmap to Achieving FIRE

Leveraged Finance at Barclays:

Leveraged Finance plays a crucial role within Barclays’ investment banking business, serving as a strategic touchpoint with clients across various investment banking products. Barclays boasts a robust Leveraged Finance franchise, currently holding the number three global ranking according to Dealogic data for the year to date. The bank’s involvement in high-profile deals, such as NGL Energy Partner’s dual-tranche $2.2 billion deal and HUB International’s $3 billion deal, demonstrates its expertise and market presence.

Conclusion:

Barclays’ appointment of Na Wei as Global Head of Leveraged Finance signals the bank’s commitment to strengthening its market position and delivering strategic capital to clients. With Na Wei’s leadership, Barclays aims to replicate the success achieved in the EMEA region on a global scale. As the financing market continues to evolve, Barclays is poised to navigate the complexities and increase its market share in the United States and beyond.