Barclays makes fresh foray into private banking: source
British lender will hire 100 new staff; push comes after failed bid earlier
London
BARCLAYS will hire 100 new employees in its private bank as it launches its second attempt in the last seven years to win more business from wealthy clients, a source with direct knowledge of the plans told Reuters.
The hires will be a mixture of relationship managers - the money-earners in private banking who attract and serve customers - and the administrative and risk management staff necessary to support them, the source said.
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