Barclays Capital has extended its recruitment push with four senior hires in Europe, the Middle East and Africa, including a former Lehman Brothers rainmaker who most recently ran buyout giant Kohlberg Kravis Roberts' Middle East and North Africa operations.

A source familiar with the hires said Makram Azar, KKR's head of Middle East and North Africa, is joining BarCap to build the bank's contacts with sovereign wealth funds and strengthen its investment banking coverage in the Gulf region.

BarCap hires ex-Lehman star from KKR for wealth funds focus

The former global head of sovereign wealth funds at Lehman Brothers has joined Barclays Capital after 18 months at private equity firm Kohlberg Kravis Roberts

Dominic Elliott

Citigroup

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Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

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