Bloomberg: Barclays to hire about 150 in Europe as part of Brexit plans

11 September 2018

Barclays Plc, which houses one of the world’s biggest investment banks, will create about 150 new roles as the firm prepares for Britain’s exit from the European Union, a top executive told UK lawmakers.

The new hires in Europe will be in addition to the 150 current U.K.-based positions that will mostly “migrate” to Dublin, Kevin Wall, chief executive officer of Barclays’ Irish unit, said in evidence to members of the U.K. Treasury Select Committee. The London-based bank has chosen Ireland as its main EU hub after Brexit, Bloomberg reported last year.

“We’re looking at about another 150 new roles in Europe, that would be created as a result of this,” said Wall. “In the context of tens of thousands of colleagues here in the U.K., in the context of over a thousand people in Europe already, those are small numbers.” [...]

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