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

Barclays Wealth, the wealth-management unit of U.K.-based Barclays plc, said Drews will be responsible for continuing the expansion of its ultra-high-net-worth team.

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