Cathal Deasy, who's Irish by birth, may have an accent that can be a bit difficult to understand for Barclays bankers in New York, but they'll need to get used to lip-reading. The words of Deasy, and of Taylor Wright, his fellow co-head of investment banking at Barclays, are critical to Barclays' immediate future. Get Morning Coffee ☕ in your inbox. Sign up here.The two co-heads have run investment banking at Barclays since January 2023. Under their leadership, Barclays lost around 40 US managing directors to competitors last year, while the fees it generated from investment banking declined 12%. Barclays' CEO, C.S.