Barclays Wealth is continuing its hiring spree of financial advisors and executives with Monday's announced appointment of David Lewis as managing director and head of banking for the Americas. Lewis was previously head of banking products for the Americas at UBS.
Lewis is now responsible for Barclays Wealth's regional-banking platform, which includes cash management, credit and debit cards, transactional banking, savings accounts and client household programs. He reports to Paul Morton, managing director and head of capital markets, operating platforms and business development.
"We are excited to welcome someone with Mr. Lewis's expertise and experience to this role," said Mitch Cox, head of Barclays Wealth in the Americas and head of research and investments for the firm globally, in a press release. "Barclays Wealth's expansion of its credit and banking platform in the Americas is a part of our dedication to meeting the needs of high net worth individuals."
(Cox joined Barclays Wealth in July 2009 from Bank of America-Merrill Lynch.)
"It is exciting to join Barclays Wealth at a time when they are so invested in the growth of the banking business," Lewis said in a statement. "I look forward to utilizing my banking expertise to help develop a best-in-class offering that meets the needs of our high net worth clientele."
Barclays Wealth defines high net worth as having $10 million in investible assets or more. It has about 250 financial advisors, or investment representatives in the Americas.