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Further legal exits for Barclays as corporate banking GC departs for Lloyds

Just a day after Lloyds Banking Group announced the hire of Linklaters’ managing partner Simon Davies, the bank has also hired Barclays’ global head of legal for corporate banking, Joanna Carver.

Carver, who joined Barclays in December 2006 as acting head of legal, will be supported in her new role by current interim general counsel (GC) for commercial banking Greg McEneny, who will become deputy GC.

The news follows Lloyds’ hire of Davies, who will joining the group as chief people, legal and strategy officer when we retires from Linklaters at the end of the year – a year ahead of his current term. He will also take a place on the bank’s executive committee. Both Carver and Lloyds’ new group GC Kate Cheetham will report to Davies.

During her time at Barclays, Carver held a number of roles including head of legal for asset and sales finance and regional GC for corporate in Russia and western Europe. She also worked in house at European multinational aerospace and defence corporation Airbus group and at Dentons legacy firm Wilde Sapte.

Barclays’ has suffered multiple departures since the start of the year, and yesterday (July 1) the bank also saw the exit of its investigations and enforcement head Jake McQuitty, who joined TLT as a partner in the firm’s financial services team.

Last month Barclays’ deputy group GC Michael Shaw announced he would be leaving his post at the end of September following six years in the role.

His departure, which a spokesperson said was down to ‘family reasons’, follows a spate of legal exits from Barclays, including EMEA GC Erica Handling, who recently took up a position at BlackRock, global head of financial crime Jonathan Peddie, and global corporate and investment banking GC Judith Shepherd, since it streamlined its legal function. Barclays is seeking to create pools of lawyers working across its four core business divisions, instead of running separate legal divisions for its personal and corporate, Barclaycard, investment bank and Africa businesses.