Barclays is hiring two dealmakers in India while conducting a headcount reduction.<\/p>\n\n\n\n
Sources said the bank<\/a><\/strong> is slashing around 300 employees globally.<\/p>\n\n\n\n The bank has poached Sameer Sood and Srikanth Chakka from Credit Suisse to strengthen the advisory business in India.<\/p>\n\n\n\n Read More: Jefferies To Recruit 10 Investment Bankers In India<\/a><\/strong><\/p>\n\n\n\n Sood will assume the role of managing director, while Chakka will lead the industrials segment within the investment banking division<\/a><\/strong> in Mumbai.<\/p>\n\n\n\n Both appointments are expected to take effect by December.<\/p>\n\n\n\n This move comes when Ashish Jhaveri, the former head of mergers and acquisitions for Barclays in India, departs for Jefferies Financial Group.<\/p>\n\n\n\n The bank’s strategic agenda includes further recruitment of investment bankers in India to reinforce its foothold.<\/p>\n\n\n\n Sameer Sood, worked with Credit Suisse since 2010, and Srikanth Chakka, joined the firm two years ago.<\/p>\n\n\n\n Need Career Advice?<\/strong> Get employment skills advice at all levels of your career<\/strong><\/a><\/p>\n\n\n\n Spokespersons for Barclays and Credit Suisse declined to comment.<\/p>\n\n\n\n Barclays has been actively involved in advisory roles<\/a><\/strong> for major transactions in India.<\/p>\n\n\n\n It includes billionaire Gautam Adani\u2019s acquisition of Holcim Ltd.’s Indian operations and JSW Energy Ltd.’s acquisitions in the renewable energy sector over the past two years.<\/p>\n\n\n\n Follow us on <\/strong>YouTube<\/strong><\/a>, <\/strong>Twitter<\/strong><\/a>, <\/strong>LinkedIn<\/strong><\/a>, and <\/strong>Facebook<\/strong><\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Barclays is hiring two dealmakers in India while conducting a headcount reduction.<\/p>\n","protected":false},"author":5,"featured_media":50906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2611,414],"tags":[1103],"class_list":["post-50905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-business-employment-news","category-uk-business-news","tag-barclays"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts\/50905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/comments?post=50905"}],"version-history":[{"count":0,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/posts\/50905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/media\/50906"}],"wp:attachment":[{"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/media?parent=50905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/categories?post=50905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatjobs.com\/news\/wp-json\/wp\/v2\/tags?post=50905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}