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Barclays

Barclays pulls out of Gibraltar

Companies | 22 Apr 16

Barclays pulls out of Gibraltar

Barclays is to close its remaining Gibraltar office and depart the British overseas territory, two years after it began winding down its retail banking operations there.

JPMorgan cuts Asia wealth management workforce by 5%

Asia | 13 Apr 16

JPMorgan cuts Asia wealth management workforce by 5%

JPMorgan Chase has cut around 30 jobs at its Asian wealth management businesses in Hong Kong and Singapore, as the US bank increases its focus on a smaller pool of wealthier clients.

Financial services complaints down

Companies | 30 Mar 16

Financial services complaints down

Financial services firms in the UK received 2.11 million new complaints between July and December 2015, a decrease of 1.4% compared with the previous six months, according to the Financial Conduct Authority.

Barclays to sell its stake in Africa bank

Africa | 1 Mar 16

Barclays to sell its stake in Africa bank

Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.

Three bidding for Barclays Asia private wealth business

Asia | 12 Feb 16

Three bidding for Barclays Asia private wealth business

Singapore’s DBS Group and Oversea-Chinese Banking Corp (OCBC), and Swiss-headquartered Julius Baer have reportedly submitted non-binding bids for Barclay’s Asian private wealth business, reports Reuters.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.