Barclays is to reduce the number of markets in which it provides wealth management and investment services from around 200 to 70 by the end of 2016 in a bid to “reduce the complexity” in its business and stick with the markets that it claims still hold over 80% of the world’s wealth.
Category: Business moves
AMP Capital China life arm in asset management JV
Australia’s AMP Capital has entered into a pact with China Life Insurance Group’s subsidiary, China Life Asset Management to set up a fund management company in China.
