Barclays Wealth eyes 120 graduate hires
Barclays Wealth has announced it will take on 120 graduates in 2010.
The 120 hires will be part of its 2010 three-year private banking graduate programme in Asia, the Middle East, Europe and the Americas.
Phil Smith, global head of human resources at Barclays Wealth said: “The wealth management industry faces a talent shortage and one of the ways in which we are looking to resolve this is from the bottom up. At a time when some companies are closing their graduate training schemes, we believe that it is essential to continue investing today to transform the next generation of high performers into true fiduciary investment advisers.”
Coutts & Co. suspended its graduate training programme earlier this year, following the private bank's decision to cut 150 jobs as part of a cost saving exercise.
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