Barclays Capital is on a hiring drive in Asia as it aims to increase its revenues in the region by up to three times current levels by 2012. The main focus is to expand the bank's equity business to complement an already strong presence in fixed income, commodities and foreign exchange.
Building our cash equities business in the region is a priority, Kevin Burke, head of all product distribution at Barclays Capital, told FinanceAsia. But, he is looking for quality, not quantity with an emphasis on luring senior talent from within Asia-Pacific.
Hiring more bodies in Hong Kong is his first objective, and he has plans to increase the headcount in India next....