Barclays private banking team in HK likely to defect before takeover by OCBC

Barclays private banking team in HK likely to defect before takeover by OCBC

Photo: Bloomberg

Standard Chartered Plc has stepped up its hiring from Barclays Plc’s private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp., in a move that underscores the stiff competition for wealth managers in Asia.

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