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Barclays Wealth hires team for big regional push

Barclays Wealth has hired four wealth managers from Bank of America Merrill Lynch to help the UK bank with its wealth management efforts in the US, according to sources close to the situation.

Bank of America Merrill Lynch last week confirmed the departures of Mitch Cox, a senior vice-president, his deputy, Tom Lee, and two other members of his team, Steve Houston and Paul Morton.

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