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INVESTMENT BANKING | Staff Reporter, Japan
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Barclays boosts investment banking ops in Japan, hires more bankers and salesmen

The bank eyes hiring more than 10 bankers.

Barclays Plc is on a hiring spree to boost its investment banking and market operations in Japan, one year after it shut its cash equity business and cut 120 jobs, according to Bloomberg.

The U.K. firm plans to hire more than 10 bankers and sales staff this fiscal year to advise on mergers and sell investment products, Kentaro Kiso, president of Barclays Securities Japan Ltd., said in an interview. Kiso has already added more than 30 people for investment banking and markets in Tokyo since he took the post from Eiji Nakai last July.

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