BCS Plans Hiring to Boost Private Banking & Wealth Management Unit

Barclays PLC (BCS) intends to accelerate growth in its Private Banking and Wealth Management segment by increasing its headcount and hiring up to 100 advisers. This was stated by Sasha Wiggins, CEO of Barclays Private Bank and Wealth Management, in a presentation to analysts in London.Rationale Behind Barclays’ MoveBarclays has identified roughly 4 million Barclays UK customers with investable assets worth £250,000 to £3 million who can avail enhanced wealth management services.“The UK is a large market wit ...