Barclays
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.
People Moves | 11 Feb 16
PEOPLE MOVES: BlueBay AM, Ascot Lloyd, Knadel…
BlueBay Asset Management has strengthened its high yield team; while Ascot Lloyd has nabbed the former chief executive of Cofunds for a non-executive role. Knadel and the JFSC announced board appointments and Barclays named a new chief operating officer.
People Moves | 26 Jan 16
PEOPLE MOVES: HSBC GAM, Man GLG, Schroders…
The revolving door continues to spin as HSBC GAM announced appointments and a replacement, with a member of staff departing for sunnier climes. Schroders and Premier also reported departures, as Orangefield Legis recruited an industry veteran.
Barclays announces investment bank cutbacks, Asia hard hit
British bank Barclays has announced its investment banking arm is to close offices in nine countries across Asia, the Americas and EMEA.
Barclays’ trust business acquired and rebranded
Barclays Wealth and Investment Management has sold a majority share of its trust and fiduciary business to an independent investor group.