Barclays Hires Dealmakers in India Amid Firmwide Job Cuts
- Sood and Chakka from Credit Suisse set to join Mumbai office
- Bank seeking to replenish ranks in India after Jhaveri left
Barclays Plc headquarters in London, UK.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
Barclays Plc is hiring a pair of dealmakers in India even as it is trimming headcount by about 300 people across the corporate and investment bank globally, according to people familiar with the matter.
The bank has hired Sameer Sood and Srikanth Chakka from Credit Suisse as it seeks to bolster the advisory business in India, the people said, asking not to be identified as the information is not public. Sood is set to join as a managing director and Chakka as the lead for industrials in the investment banking division in Mumbai by December, they said.