Barclays hit by more departures as Plaster, Hudson exit, sources say

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Barclays hit by more departures as Plaster, Hudson exit, sources say
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Barclays banker John Plaster, who led the bank's power and utilities group in the Americas, has resigned to join Guggenheim Partners, people familiar with the matter said on Wednesday.

FILE PHOTO-Barclays Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustrationbanker John Plaster, who led the bank's power and utilities group in the Americas, has resigned to join Guggenheim Partners, people familiar with the matter said on Wednesday.

Mark Hudson, a managing director who worked in the industrials group, is also leaving Barclays and will join Jefferies Financial GroupBarclays has faced a raft of defections in recent weeks. Reuters reported last week that Barclays Chief Executive C.S. Venkatakrishnan held a virtual town hall to address concerns overAsked about the departures of Plaster and Hudson, Barclays had no comment.

Plaster worked on a deal last year that saw Germany's largest power producer RWE buy ConEdison's Clean Energy Business for $6.8 billion.Guggenheim declined comment. Jefferies did not respond to a request for comment. More than two dozen U.S. investment bankers have left Barclays since it named former Credit Suisse Group AG

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