Bloomberg News reports that Warren Ackerman has joined from the French bank as head of European consumer equity research along with Michael Sanderson, who will be Barclays’s co-head of diversified financial research, the London-based lender said in a statement. Four other analysts are also leaving for the U.K. bank.
Barclays CEO Staley has approved the hiring of more than 50 equity traders and analysts since last year in a bid to revive the bank’s stocks unit, which has struggled with underperformance and a dwindling market share, according to data compiled by Bloomberg Intelligence.
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