The revolving door at Barclays Wealth continues to spin. A number of managers are leaving the UK business, this publication understands, adding to other departures. On the other hand, this publication exclusively reported yesterday on the hire of three senior figures to its private banking unit.

Mark Elliott (director), Michael Linderman (vice president); Ross Jennings (vice president), Ross Elder (vice president) and Fred Hervey (vice president), are leaving the firm. Their future plans are as yet unclear. Barclays Wealth has declined to comment on the departures.

Industry figures have told WealthBriefing that the movements to and from Barclays Wealth and other firms suggests that the jobs market is showing signs of hotting up as companies compete for talent. Also managers who have held onto their jobs in the recession are now feeling more inclined to head for promotions outside. Yesterday, the firm's private banking arm made a number of hires from UBS, Coutts, and a consultancy. (To view that item, click here).

In July, meanwhile, the firm expanded its investment advisory team by hiring six new investment advisors to support its UK and Ireland and International EMEA private bankers. It also recently appointed Rick Denton as head of clients and markets for its Barclays Wealth Advisory unit, replacing Rodney Allen, who left the post to pursue an academic career.

Earlier this week, this publication reported that Sandy Swinton, a director within UK private banking at Barclays Wealth, has left the firm. Swinton had been at Barclays Wealth for more than ten years. In a separate move, Sam Moon, assistant vice president, is leaving the Africa markets team at Barclays Wealth and is understood to be joining UBS. Moon had been at the firm for almost eight years.

The firm has been through a period of transition. Barclays Wealth has stated it aims to quadruple the size of assets it manages for Asian clients over the next five years; early this year, it announced a raft of hires for its Africa-focused business.