Barclays plans to open new private bank booking centre in Singapore by 2026
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Barclays plans to establish a new private banking booking center in Singapore by 2026 to capitalize on the growing number of ultra-wealthy clients and financial institutions in the region.
November 26, 2024 | 3:15 am
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Barclays is expanding its private banking operations by opening a new booking center in Singapore by 2026, aiming to attract ultra-wealthy clients in the region.
The establishment of a new private banking center in Singapore indicates Barclays' strategic move to capture a growing market of ultra-wealthy clients. This expansion could lead to increased revenues and market presence in Asia, positively impacting the stock price.
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