Barclays Plots Asia Revival With Strategic Hires After Hiatus
- Bank will return to some markets it exited after restructuring
- British lender is targeting growth in China, India, Australia
WATCH: Barclays is planning to make some key hires in investment banking and wealth management across Asia. Nabila Ahmed reports.
Source: BloombergThis article is for subscribers only.
Barclays Plc plans to make key hires in investment banking and wealth management across Asia next year as the British lender plots its return to some of the world’s fastest growing economies after a 2016 restructuring.
The bank -- which is benefiting from a boom in deals and trading along with its Wall Street rivals -- is seeking to rebuild in some of the markets it exited, and is targeting China, India, Singapore and Australia to expand, according to Jaideep Khanna, head of Barclays Asia-Pacific and India chief executive officer. It’s also hiring in Japan and Hong Kong.