Barclays plans to add as many as 600 new jobs in Scotland

Barclays said on Monday it will add the jobs in Glasgow, supported by a grant of up to 6.6 million pounds (US$10 million) from Scottish Enterprise that is conditional on the bank meeting job creation milestones by 2014.

The bank is hiring 300 staff for a shared services hub to support processing activity for its investment banking and wealth management divisions.

Barclays employs about 1,500 staff in Scotland at its wealth management, investment bank and corporate banking units.

The Scottish financial services industry employs about 95,000 people after being hurt by the near collapse of Royal Bank of Scotland and HBOS, now part of Lloyds Banking Group.

Part-nationalized RBS said last week it would cut 3,500 back-office staff in Britain, and has cut over 20,000 roles since the start of the financial crisis.

Spanish group Santander is hiring staff as it bulks up in Britain, but it said a Financial Times report on Monday that it could add 6,000 more staff in the next two years was inaccurate.

“Santander is currently recruiting up to 600 staff to new roles to meet business growth and to continue improving its service. These roles are in addition to its normal recruitment plans. Recent press reports suggesting we are recruiting people above this number is inaccurate,” the bank said.

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