Barclays Fortifying European Equities Unit Despite Industry Headwinds

[kreslik.news]

Barclays may finally be garnering some news on a positive front, with the group revealing it will strengthen its European equities trading unit in 2017. The move is curious given the segment is one of the hardest hit amongst European lenders, which along with fixed income and foreign exchange trading decks has seen large numbers of layoffs over the past two years.

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However, Barclays’ recently beleaguered CEO sees hope where others portend headwinds, and is reportedly planning on bringing in over twenty personnel this year alone, according to a Bloomberg ... (read more)