Barclays goes on hiring spree in equities trading expansion | IFR – International Financing Review

Barclays goes on hiring spree in equities trading expansion | IFR – International Financing Review

Barclays has been growing headcount in equities sales and trading by 10% over the course of 2021 to support a planned expansion in these activities, the latest example of how the UK bank is beefing up its global markets division.

The significant net increase in front-office personnel is spread across a range of roles and regions, according to Paul Leech, co-head of equities at the bank, and comes at a time when Barclays is looking to increase its presence in a number of areas, including European flow trading and corporate equity derivatives.

"We're investing in people, we’re investing in technology and we’re investing financial resources,” said Leech. “It's a material increase in headcount aimed at continuing momentum and building on our revenue growth in equities.”