Barclays names Kunal Gandhi as head of corporate broking

Gandhi helped build Barclays' corporate broking business by advising clients including insurer Legal & General and the London Stock Exchange , the memo said.

Corporate broking is a banking business common in Britain but little seen elsewhere and involves lenders providing long-term strategic advice to corporate customers.

A spokesman for Barclays confirmed the contents of the memo.

(Reporting By Lawrence White; Editing by Susan Fenton)