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50% of Barclay’s trust business in Singapore from NRI clients

Approximately 50% of Barclay’s trust business in Singapore is from the non-resident India (NRI) client segment, and the bank expects that the demand for such services will spur the growth of the wealth management business in the near future. “We have seen an increase in demand for trust structuring services from our trust company in Singapore. Roughly 50% of Barclay’s…

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