BarCap’s IT Hires Reflect Upturn

FRONT PAGE: ORGANIZATION AND MANAGEMENT

NEW YORK—A new raft of hires in the IT department of Barclays Capital (BarCap) in the United States appears to underscore the optimistic outlook on IT spending offered by analysts recently.

Over the coming months, BarCap officials say that they will be adding to their trading floor in New York, which currently supports 600 positions.

Driven by rising profits and expanding business, BarCap has made seven senior-level ap-pointments to its U.S. head office in New York.

Steve Barnes has joined as a

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