Barclays Hires 18 From Credit Suisse in Prime-Brokerage Push

Barclays Plc has hired 18 people from Credit Suisse Group AG’s prime-brokerage unit as the British bank continues its push to expand in the business.

Most of the 18 new hires are located in the U.S., according to a person familiar with the matter who asked not to be named discussing personnel information. Roughly half will work in the sales division for Barclays’s prime brokerage, including in roles across origination sales and account management, the person said.