The new facility allows high-net-worth individuals to access banking, lending, and investment services while maintaining connectivity to the firm’s international hubs. According to the bank, this expansion addresses the growing demand for advice that spans multiple jurisdictions and asset classes, mirroring a broader shift toward globalized capital flows and investment activity.
Alexander Harrison, Barclays’ country CEO for Singapore and interim head of private banking, described the move as a long-term commitment to the region. He noted that the city-state remains a pivotal player in the global wealth landscape, providing the necessary foundation for the bank to serve increasingly international client needs.
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