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Barclays Boosts TMT Sector: Pedro Costa Steps In

Barclays Plc has appointed Pedro Costa as a Vice Chairman focused on mergers and acquisitions in the technology, media, and telecommunications (TMT) sector in the Americas.

A logo at the entrance to the Barclays Plc French headquarters in Paris. Pedro Costa will be moving from Morgan Stanley. Photo: Getty Images

Costa, who previously worked at Morgan Stanley for nearly two decades, will be based in New York and will report to Ihsan Essaid and Gary Posternack, co-heads of Barclays’ global M&A advisory business.

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