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Barclays expands prime broking as rivals pull back after Archegos
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Barclays is making a fresh push into prime broking after rivals retreated in the wake of steep losses from the collapse of family office Archegos Capital.
The UK lender is hiring staff and aiming to grab market share in prime services as part of a broader expansion of its stock trading business, according to co-head of equities at Barclays, Paul Leech.
“We...
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