Barclays expands European mergers and acquisitions Advisory Service

Barclays is likely to recruit 65 bankers this year to expand its European mergers and acquisitions Advisory Service, the UK's third-largest bank hopes it will squeeze it into the global brokerage, the Beijing time, May 25 evening.　　Barclays ' investment banking arm, Barclays Capital plans to add 30-40 employees to Italy, Germany and France, and 15-25 more employees in the UK. Barclays Capital's previous core business was securities, loans and foreign exchange, but has jumped to the fifth place in the US mergers and acquisitions industry since it bought the North American division of Lehman Brothers Holdings last September. It ranks 21 in Europe.　　The European operations of Lehman Brothers were bought by Nomura Holdings in Japan. Barclays Capital provided advisory services in the biggest merger case this year and Pfizer's $64 billion trillion purchase of Wyeth.