Barclays to Set Up a New Private Banking Booking Center in Singapore

Barclays PLC (BCS) intends to establish a new Private Banking booking center in Singapore, expanding its presence in the Asian region. The center is anticipated to be operational by 2026 to serve the company’s private banking clients.Rationale Behind Barclays’ InitiativeThis move reinforces Barclays’ emphasis on Asia expansion as it continues to offer specialist investment, banking, lending and wealth advisory services to its ultra-high-net-worth (UHNW) clients and global family office (GFO) clients.Through ...