The private banking arm of Barclays aims to quadruple assets under management in Asia with a focus on India and Singapore.
Barclays aims to quadruple its private banking assets in Asia by 2028, according to a «Bloomberg» report citing regional business head Nitin Singh. To support the growth target, it will expand its wealth teams in India and Singapore by three-fold.
The British private bank recently announced the hires of Hussain Selani as managing director, head of investments India and global Indians as well as ex-Credit Suisse Asset Management executives Ong Shun Wei and Stephen Zhu for the discretionary portfolio management team in Singapore.
