Industry

Barclays Wealth plans to expand in the next five years. Wednesday, it announced it hired Stefanie Drews as managing director of ultra-high-net-worth for the United Kingdom and Europe, Middle East and Africa.

Despite the hire, recruiters say the firm has an uphill climb to lure others.

Move follows dispute over sale of Asian life unit.

JPMorgan Chase on Wednesday named Jeff Urwin and Kevin Willsey new co-heads of investment banking for the United States and Canada, according to an internal memo obtained by IDD.

Joan McKown, who has worked for the SEC since 1986, plans to join Washington-based law firm Jones Day.

The San Diego-based company, which announced it was going public in June, hopes to expand its network of financial advisors.

Thomas G. McLoughlin is stepping down from his role as president and chief executive officer at National Public Finance Guarantee Corp. to join UBS Financial Services as head of its municipal research division.

Deutsche Bank hired Jeffrey Mayer as head of global markets for North America, managing the bank’s sales and trading business in the region, the bank said Tuesday.

Sixty-five percent of respondents said they are more concerned about their finances today than they were at the beginning of the financial crisis.

JPMorgan Asset Management has named George Gatch, currently CEO of its mutual funds business, as the new head of investment management services for the U.S. and Canada. He is effectively replacing Eve Guernsey, who is retiring, the firm confirmed Monday.