Barclays’ Jenkins was London’s ‘Great Rainmaker,’ Lawyer Says
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It took “the great rainmaker in the City,” former Barclays Plc executive Roger Jenkins, to save the lender by negotiating billions of dollars in investment from Qatar at the height of the 2008 financial crisis, a lawyer for a fellow defendant told a London jury.
Jenkins was able to persuade the wealthy Gulf nation’s then-Prime Minister Sheikh Hamad bin Jassim al Thani, who also ran its sovereign-wealth fund, to invest 4 billion pounds ($5.2 billion), William Boyce, who is representing Richard Boath, a former Barclays executive who worked with Jenkins on the deal, said Friday in court.