Barclays Bank saidHundredhandvideopokerIt is winning Asian market share from some US rivals after hiring more than a dozen senior sales and traders to accelerate the expansion of its various business lines.

The new blood includes six directors hired from rivals such as Goldman Sachs and Citigroup to trade currencies and interest rates for their macro departments. Barclays has also added two managing directors for securities derivatives, private credit and distressed debt, Hossein Zaimi, the region's head of markets, said in an interview in Hong Kong.

A person familiar with the matter said that the addition of New Blood increased the revenue of the Asian global market business by 2% last year.Hundredhandvideopoker.5%, revenue from the macro and equity sectors increased by 4%.HundredhandvideopokerPeople familiar with the matter spoke on condition of anonymity because the company did not share Asian data. The company's global market business fell 18 per cent, according to a public document.

Most Asian customers want more deals with non-U. S. banks, and they are eager to diversify, Zaimi said.

The company is on a growth trajectory in Asia, with market revenues set to hit record highs for the third year in a row in 2023, according to people familiar with the matter. Zaimi said Barclays' Asian business accounted for the same proportion of overall market business as Wall Street's larger rivals, but he did not provide specific figures.