Barclays exits from more than 100 private banking markets

26 September 2013 | 2 minutes read

The private banking arm of Barclays will leave more than 100 markets, in a move the British lender hopes will refocus its £400 million commitment to wealth management and boost profitability. According to sources, the British private wealth manager will focus on fewer than 100 remaining markets which are collectively home to more than 80% of the world’s wealth. “There…

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