Barclays unveils reduced panel

It’s nearly a year since Barclays named the former general counsel of Pittsburgh-headquartered PNC Financial Services Group, Bob Hoyt, as general counsel and there is plenty of change in the air.

Hoyt has reorganised the legal team, resulting in the creation of a global financial crime team headed by former litigation and investigations director Jonathan Peddie. Senior lawyer Stephanie Pagni has stepped up as litigation head and the bank is on the hunt for a regional head of litigation for EMEA.

All this change took place while an extensive panel review was underway. Not only were its advisers told that there would be a reorganisation, but they were asked to work more closely for the good of the client.

The result? Yesterday the bank revealed it had cut its panel by 30 per cent.

Also on

  • This week’s in-house interview is with Geraldine Mirabile of interior design company Yoo
  • The Solicitors Regulation Authority is advertising for its first-ever general counsel in the wake of the appointment of Paul Philip as its chief executive
  • TV company FremantleMedia has hired BBC Worldwide’s director of business & legal affairs, Robin Chalmers, as the replacement for retiring general counsel Sarah Tingay
Featured Briefings
Employment – DLA Piper: Three key cases in one day address the future contours of arbitration clauses in California: action steps for employers
Employment – Goodman Derrick: Obesity: is it a disability or not? New discrimination law?
Banking – Wragge Lawrence Graham & Co: Finance litigation briefing June 2014: report and review on the latest cases and issues
Information technology – HP Autonomy: Finance litigation briefing June 2014: report and review on the latest cases and issues
Company/commercial – Pillsbury: English law: when contractual limitations on damages can backfire