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TLT boosts City financial services offering with Barclays’ team head hire

TLT has boosted its financial services offering with the hire of Barclays’ investigations and enforcement head Jake McQuitty, who joins the firm as a partner.

McQuitty, who currently heads up the team in Europe and the Middle East, has been at Barclays since 2010 and will join TLT’s London-based financial services litigation and investigations team, which is headed up by Andrew Lyon, in August.

Commenting on the appointment, the firm’s financial services and investigations head Jonathan Hoey said that McQuitty’s experience at Barclays would provide further support to the firm’s clients, particularly in retail and wholesale banking.

He added: ‘Jake has advised on a range of large scale and complex litigation and investigation matters, with a detailed understanding of corporate and investment banking products. This deep expertise will play a critical part as we continue to grow our investigations and contentious regulatory practices.’

McQuitty, who has experience overseeing some of the bank’s internal and regulatory investments over the last five years, was a senior associate at Lovells and Berwin Leighton Paisner prior to his role at Barclays.

His departure from the bank follows a string of high-profile exits. Just last month Barclays announced that its deputy group general counsel (GC) Michael Shaw would be leaving his post in September with a spokesperson saying the exit was down to ‘family reasons’.

Other recent exits include 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.

Last month TLT announced that its turnover had grown 8% to £62.5m in the 2014/15 financial year.