Barclays hiring up to 65 bankers for European mergers

NEW YORK: Barclays Plc may hire as many as 65 bankers for its European mergers advisory business this year as Britain's third-biggest bank seeks to become one of the top three global securities firms.

Barclays Capital, the investment-banking unit, plans to add 30 to 40 bankers in Italy, Germany and France, and 15 to 25 in the UK, Paul G. Parker, global head of mergers and acquisitions, said last week.

The firm named Mark Warham and Matthew Ponsonby co-heads of European M&A last week.