Barclays Said to Hire RBS Corporate Bankers in Dubai Expansion - Bloomberg

Barclays Said to Hire RBS Corporate Bankers in Dubai Expansion - Bloomberg:



"Barclays Plc (BARC) hired two corporate bankers from Royal Bank of Scotland Group Plc (RBS) in Dubai as it expands in the region, people with knowledge of the matter said.



The U.K.’s second-largest bank by assets hired Sahibzada Masroor Ali and Joaquin Eliason, the two people said, asking not to be identified because the information is private. Ali was most recently the head of network client coverage for the Middle East and Africa, according to his LinkedIn profile.



Barclays plans to increase the number of corporate bankers in the Gulf by more than 10 percent this year as economic growth improves, Rezwan Mirza, head of the business in the United Arab Emirates and Gulf countries, said in a May 26 interview in Dubai. RBS is weighing the sale of its Middle East corporate loan book as it reviews its international business, people familiar with the plan said Nov. 5."



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