Rich Ricci
Richard Ricci | |
|---|---|
| Born | 1964 Nebraska, USA |
| Nationality | American-British |
| Occupation(s) | Banker, racehorse proprietor |
| Years active | 1994–present |
| Known for | CEO of Corporate and Investment Banking at Barclays Bank; racehorse owner |
Richard Thomas Ricci (b. 1964) is a dual American-British national known for his career in banking and his involvement as a racehorse proprietor. He held the position of Chief Executive Officer for the Corporate and Investment Banking sector at Barclays Bank.
Early life and career
Born in Nebraska, USA, Ricci obtained a finance bachelor's degree from Creighton University. His professional journey in banking commenced at the Bank of Boston and Bank of New England prior to his 1994 move to Barclays de Zoete Wedd (BZW) in the United Kingdom. By 2002, he was appointed Chief Operating Officer of Barclays Global Investors and eventually took charge of Barclays’ Investment Banking and Management divisions. In 2008, Ricci was instrumental in the acquisition and assimilation of Lehman Brothers’ investment operations into Barclays.
In 2011, Ricci was awarded a bonus totaling £44 million; however, no bonus was granted to him in 2012 amid the fallout from the Libor scandal. Despite this, he realized £17 million through the sale of Barclays shares designated for senior management. Ricci stepped down from his role at Barclays in 2013 and later assumed leadership at Liberum Investment Bank.
Horse racing
Since 2005, Ricci and his wife Susannah have actively participated in horse racing in Ireland, owning a significant number of racehorses trained by the acclaimed Willie Mullins.[1] Their involvement broadened to include competitions in Britain and Australia.[2] Following a nickname coined by The Independent—"the fat cat in the hat"—Ricci named one of his horses Fatcatinthehat.[3] At the 2016 Cheltenham Festival, three horses under his ownership secured victories, collectively earning £248,000.[4]
Personal life
Ricci is married to Susannah, who works professionally as an accountant.[5] The couple are proprietors of Yotes Court vineyard located in Kent.[6]