Barclays plans to scale back its investment banking operations in Asia, exiting nine countries in the region as part of its overhaul, says the group’s new chief executive, adding potency to rumours of its Asian wealth unit being made available for sale. The investment bank will continue to operate from China, Hong Kong, Singapore, Japan and India, says Jes Staley, but…
Barclays to scale back Asia business
Have a confidential tip? Get in touch [email protected]



