Venkat is reportedly reviewing the bank’s strategy amid investor dissatisfaction with the lender’s stock price in relation to its Wall Street peers.
Barclays has already seen an uptick in attrition among its dealmakers this year after the bank named new management on at least a couple of levels in its investment-banking division.
Venkat credited the increase in work transition to a generational shift, adding that the departures of top bankers is natural and that the bank is still hiring.
