Private client investment: Barclays set for hiring spree

Wealth management arm put on course to “grow by multiples”. The appointment of Thomas Kalaris as chief executive of Barclays Wealth Management signals the start of a rapid build-up.

Hiring spree heats up at Barclays Capital


“The object over the next three to
five years is to grow not
marginally but by multiples”
Thomas Kalaris


The appointment of Thomas Kalaris as chief executive of Barclays Wealth Management signals the start of a rapid build-up of a business that has been a little-noticed makeweight in the investment banking and investment management division of Barclays run by Robert Diamond. Diamond is now signalling his intention to grow it in the same way as he grew Barclays Capital and BGI.

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