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Barclays to keep Swiss private banking growth momentum in 2019

Reuters  |  ZURICH 

By Brenna Hughes Neghaiwi and Angelika GruberZURICH (Reuters) - Britain's Barclays expects to have grown its Swiss private banking business by more than 10 percent this year and is looking to expand further in Switzerland in 2019.Barclays embarked on an international hiring spree across its wealth management division last year, targeting more business from a growing pool of millionaires and billionaires.And the bank is now looking to recruit more relationship managers, product specialists and investment experts in Zurich and Geneva after business in Switzerland grew better than expected in ...

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First Published: Wed, December 05 2018. 21:20 IST