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Barclays Wealth Plans 200 U.S. Hires

07-02-2009 | Source: emii.com

People & Companies in the News

Barclays Wealth is planning to appoint around 200 investment representatives over the next four years, The Wall Street Journal reports. The move is aimed at helping the firm expand its new wealth management foothold in the Americas.

Barclays has recently bought Lehman Brothers’ private investment management unit, for which it has recruited about 50 financial advisers. Barclays Wealth is also eyeing potential acquisitions, both in the U.S. and Latin America.

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