Barclays Capital, the UK bank providing financing to Kraft, the US food company, on its hostile bid for UK chocolate maker Cadbury, has expanded its global consumer group with two hires from Goldman Sachs.
BarCap said in a statement it has hired Adam Taetle as a managing director and co-head of the global consumer group within the investment banking division. He was most recently a managing director at Goldman Sachs, where he had worked since 1996.