Barclays’ wealth management division is looking for acquisitions as it seeks to increase its global market share following last year’s purchase of Lehman Brothers’ North American private investment management business.

Tom Kalaris, chief executive of Barclays Wealth, said in an interview with the Financial Times that the next acquisitions were unlikely to be on the same scale as the Lehman purchase. He added that being able to act quickly could set Barclays Wealth apart from its rivals.