Richard Boath is a British banker, the former

Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

global co-head of finance.

Early life

Richard Boath is the son of a senior chemicals company executive , and a former Miss Manchester. He has a bachelor's degree in management science from the

University of Manchester The University of Manchester is a public university, public research university in Manchester, England. The main campus is south of Manchester city centre, Manchester City Centre on Wilmslow Road, Oxford Road. The university owns and operates majo ...

Career

Boath started his career in 1980 with

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...

as a corporate banking account officer. In 1982, he joined

Security Pacific Security Pacific National Bank (SPNB) was a large U.S. bank headquartered in Los Angeles, California. It was acquired by Bank of America in 1992. History On September 1, 1868, Hellman, Temple and Co. opened their first bank branch in Los ...

, then in 1988,

Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banki ...

, and in 1990

Salomon Brothers Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York. It was one of the five largest investment banking enterprises in the United States and the most profitable firm on Wall Street duri ...

, before joining Barclays in 2000, rising to co-head of financial institutions for Europe, the Middle East and Africa (EMEA) by 2013 and chairman of the bank's EMEA financial institutions group in 2014. I In 2016, Boath left Barclays and is pursuing an employment law claim against the bank, adjourned in December 2016.

Barclays fraud case

In June 2017, following a five-year investigation by the UK's Serious Fraud Office covering

' activities during the

financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of ...

, the former Barclays chief executive John Varley and three former colleagues, Roger Jenkins,

Thomas Kalaris Thomas Llewellyn Kalaris (born November 1955) is a British banker, the former chief executive of Barclays wealth and investment management. Early life Kalaris has a bachelor's degree from Dickinson College in Carlisle, Pennsylvania, and an MBA fr ...

and Boath were charged with conspiracy to commit fraud and the provision of

unlawful financial assistance Financial assistance in law refers to assistance given by a company for the purchase of its own shares or the shares of its holding companies. In many jurisdictions such assistance is prohibited or restricted by law. For example, all EU member ...

. In February 2020, Boath, along with Thomas Kalaris and Roger Jenkins, were found not guilty on all charges.

References

1958 births Living people Barclays people British bankers {{UK-business-bio-stub