Barclays Bank PLC is on a hiring spree to boost its investment banking and market operations in Japan, The Straits Times reported on 11 July.
This follows 120 job cuts and the closure of its cash equity business one year ago. Kentaro Kiso, president of Barclays Securities Japan Limited, explained that the firm is looking to hire 10 bankers and sales staff this fiscal year to advise on mergers and sell investment products.
The bank is looking to boost revenue and rebuild its Japan operations after it withdrew from the struggling stock-brokerage business last year.