27 November 2017

Barclays returning to Asia

Published by Hubbis– 27th Nov 2017

UK private bank evaluating its options to returning to the market where wealth is growing faster than ever before.

According to the Financial Times, Barclays’ private bank plans to deploy bankers in Asia soon. The private bank currently services Asia with about 12 bankers who fly in and out of the region.

The UK private bank sold its Asian private bank to the Overseas Chinese Banking Corp last year, but is looking to return to the market where savings total USD 5trillion