Barclays bags Lloyds’ legal head

Last November we pointed out that Lloyds Banking Group (LBG) had seen more bombshells than an EastEnders Christmas special. If you need reminding why, 2013 alone saw the bank look to outsource teams to legal advisers, merge other in-house functions and make a number of senior legal management moves. Order them a double shot of espresso, will you.

Actually, scratch that. With barely a moment to put 2014’s feet up, Lloyds’ legal news is back. And this time, rival Barclays gets in on the action.

The banking giant has hired Lloyds’ head of legal for channels and intermediaries within the retail & wealth division, Sian McIntyre. She works in the department which is having its litigation unit tendered out to panel firms, if you were looking for a soapy plot twist.

Meanwhile sources say Barclays is on a hiring spree following the hire of former general counsel of Pittsburgh-headquartered PNC Financial Services Group, Bob Hoyt, as general counsel last August. That means someone should get them a cuppa, too. Twists and turns ahead.

Also on The Lawyer:

  • The former general counsel of Air Arabia has joined Bird & Bird’s Middle East arm as a partner, the first time the firm has hired someone to focus exclusively on aviation in the region

  • In-house counsel have become ever-more important, and those picked out in this year’s Hot 100 are prime examples of how to lead a business’s legal team

  • Tui Travel legal boss Mike Bowers rarely has time to relax with his company trailblazing in digital services and one-of-a-kind holidays, and a new EU travel directive in the wind. Read more in this week’s in-house interview

 
Featured Briefings
Insurance – Walker Morris: ECJ endorses insured’s freedom of choice
IT – Wragge & Co: ThinkHouse podcast: September 2013 — the pros and cons of cloud services
Employment – Nabarro: Nabarro video guide: agency workers — the new rights
Employment – Walker Morris: How changes to TUPE could reduce the costs when making changes to your supply chain
Tax – Shoosmiths: Limited liability partnerships and disguised remuneration