COMPANIES Barclays Capital has hired more than 450 people for its fledgling European and Asian cash equities business since last autumn and hopes to capitalise on trouble at bigger rivals to add another 300 by the end of the year.
The UK-based bank started from scratch after buying the US assets of Lehman Brothers last autumn and has already hired more than 210 bankers, analysts and sales people in London, continental Europe and Japan, and 250 back-office staff to support them.
