Barclays is winning Asia banking business


Making inroads: A Barclays Bank branch in London, where its headquarters is located. The bank has hired almost a dozen senior sales and trading employees in the past year to accelerate its Asian buildout of various business lines. — Reuters

LONDON: Barclays Plc says it’s gaining market share in Asia from some US rivals after it hired almost a dozen senior sales and trading employees in the past year to accelerate the buildout of various business lines.

The additions include six directors for its macro unit trading currencies and rates, who were hired from rivals, including Goldman Sachs Group Inc and Citigroup Inc.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Others Also Read