Barclays aims to triple staff across key Asia wealth markets, Bloomberg News reports

July 10 (Reuters) – UK’s Barclays (BARC.L), opens new tab plans a major hiring spree in Asia to expand client assets over the next few years, focusing on the ultra rich and family offices in India and Singapore, Bloomberg News reported on Wednesday, citing a Barclays executive.

Barclays aims to quadruple its private banking assets in the region by the end of 2028 and plans to expand its wealth team threefold in India and Singapore to reach the goal, Nitin Singh, head of the bank’s wealth business for the region said, according to the report.

Source: REUTER