Organisations in the region are boosting climate action, Barclays found.
Tag: Barclays
BNP Paribas receives green light for China wealth management joint venture
The French bank follows in the footsteps of Amundi, Goldman Sachs and others.
FSA People Moves (3 November – 9 November 2021)
Eastspring restructures management; Barclays PB builds up Singapore team; Allianz has new Apac CEO; Manulife IM hire bond duo; CS asset management selects Apac interim boss; Robeco boosts sustainable multi asset team.
FSA People Moves (7 July – 13 July 2021)
Franklin Templeton appoints Apac chair; Barclays taps UBS; JPM hires trust head; Blackrock’s renewable power MD; CS bond head moves to boutique; Citi promotion and hire; Ninety One expands EM fixed income team; Crux adds to Asian equities.
Asia’s wealth business `rationalisation’ to continue
The BOS purchase of Barclays’ assets has completed, but it is only one of several wealth management acquisitions in Asia as the trend toward scale continues, according to Mark Wightman, EY’s Singapore-based partner for wealth and management advisory.
JPMorgan chops 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.
OCBC to buy Asia WM business of Barclays
After much speculation, the acquisition has been announced and it will be done via OCBC’s wholly-owned private banking unit Bank of Singapore.
Asia targeted in Barclays staff cuts
British bank Barclays has announced its investment banking arm is to close offices in nine countries across Asia, the Americas and EMEA.
SCB plucks Barclays banker for private banking head
Standard Chartered Bank (SCB) has named former Barclays banker Didier von Daeniken as its global head of private banking and wealth management, in its latest attempt to streamline its management structure.
Report: Barclays wants to sell Asian WM unit
The UK-based bank is exploring the sale of the Asia unit amid declining revenue for its global wealth management business, according to reports.
