(Bloomberg News) Barclays Plc recruited a team for its wealth and investment management division from Morgan Stanley Smith Barney that includes former New York Jets wide receiver Wayne Chrebet.
Edward Moldaver, who leads the New York-based group, was named managing director, according to a statement today from Barclays. He reports to Mark Stevenson, the regional manager for New York.
Moldaver, 44, and his group join a division of the London- based bank that oversees $275 billion for investors around the world. He spent four years at Morgan Stanley Smith Barney, the joint venture of Morgan Stanley and Citigroup Inc., both based in New York, and previously worked at Bear Stearns Cos.
"We are very pleased to welcome this talented team of wealth-management professionals to our firm," Mitch Cox, head of wealth management for the Americas at Barclays, said in the statement.
Chrebet, 39, is an assistant vice president at Barclays, according to the statement. He joined Morgan Stanley Smith Barney in 2009, three years after he retired from professional football.
Chrebet caught more passes for the Jets than any player in team history other than Don Maynard. The 5-foot-10 receiver joined the Jets in 1995 as an undrafted free agent from Hofstra University, and totaled 580 receptions, second only to Maynard's 627. He scored 41 touchdowns.
Chrebet told the Wall Street Journal for a 2010 article that he spends most of his time meeting with potential clients and doesn't pick stocks.