Barclays to hire 100 staff in global private banking push


Its second attempt in the last seven years to win more business from wealthy clients.

Singapore: Credit China Fintech picks Havenport stake; NETS buys OCBC arms

Credit China Fintech has acquired 51 per cent of Havenport Asset Management and payments provider NETS has acquired two subsidiaries of OCBC. Credit China Fintech acquires 51% of Havenport Hong Kong-listed financial technology (fintech) services firm Credit China FinTech is acquiring 51 per cent of Singapore’s Havenport Asset Management for… Read more »

RBC reviews Asia wealth business for possible sale

Royal Bank of Canada , the country’s biggest lender, has put its Asian wealth management business under review, which could lead to its sale, four people familiar with the matter told Reuters. The Canadian bank’s move comes after several Western firms have withdrawn from private banking in Asia, hit by… Read more »