Barclays Capital has embarked on a drive to build a global equities operation in an effort to re-establish its position in a business that it abandoned a decade ago.
The UK bank is taking advantage of the downturn to scoop up research analysts and traders at knock-down rates, building on the equities platform that it acquired as part of its take-over of the US employees and operations of Lehman Brothers, the failed Wall Street investment bank.




