Former UBS technology executive, Werner Schlossmacher, has taken on the role of Chief Operating Officer (COO) for Barclays Private Bank Asia. Barclays has confirmed his appointment in a recent statement. Schlossmacher will be stationed in Singapore, from…
Samsung is reportedly preparing to launch a Samsung-branded credit card in the United States, in a strategic collaboration with Barclays that will capitalize on Visa’s extensive global payment network. Samsung Eyes U.S. Financial Sphere Samsung is reportedly…
For the second time in weeks, Barclays bankers are leaving for UBS. Six investment bankers in the US are on the move. UBS appears to have found rich poaching grounds at Barclays, as it is hiring half a dozen investment bankers specializing in technology,…
British Bank Barclays is the latest private bank moving to Verbier to catch a crowd of international holidaymakers. Barclays Private bank is opening a temporary office in Verbier for the 2022/2023 ski season, it said in an emailed statement Wednesday. The new…
The firm has is making strategic hires across investment banking and wealth management teams, as part of plans to rebuild in the region. U.K.-headquartered Barclays is targeting expansion in China, India, Singapore, and Australia, and is also hiring in Japan…
Barclays Private Bank has strengthened its Asia business with three new appointments in Singapore. Adrian Khoo and Jaime Huang join Barclays Private Bank in Singapore, according to a statement, as head of strategic client coverage and a private banker,…
Barclays’ head foreign exchange trading in Asia Pacific will reportedly exit just 18 months after joining the British bank. Pritpal Gill, head of G10 FX and FX options trading in the region, has been let go by Barclays, according to a report citing unnamed…
Barclays on Monday appoints a new Vice Chairman of Greater China Banking and Head of Technology in Banking for the Asia Pacific. Carrie Chen has been appointed Vice Chairman of Greater China Banking while Sung-Min Chung has been appointed the new Head of…
Barclays seeks to cut 100 mainly senior jobs in its investment banking arm including dozens of roles in Asia. The British lender will mostly cut managing director and director positions based in London and Asian financial hubs with a primary focus on trading…
After a decade at the British multinational bank, the senior executive is headed to a rival, where she will support efforts to build its corporate banking business in Asia. HSBC has hired investment banker Misi Tang as the firm’s managing director and head of…
Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, today announced a new agreement with Alipay, the world’s leading payment and lifestyle platform, which will allow retailers to accept Alipay transactions in stores across…
Barclays has raised almost a third less than expected from the $225m sale of its wealth and investment management business in Singapore and Hong Kong to Singapore’s Oversea-Chinese Banking Corp (OCBC). When the deal was announced in April, Barclays had…
British banking group Barclays will close its Seoul office as part of its global slimming down strategy, an official from the financial regulator said Wednesday. A director at the Financial Supervisory Service (FSS) said Barclays told the authorities of its…