Barclays Private Bank is strengthening its proposition for ultra-high-net-worth individuals, entrepreneurs and family offices across Asia through the launch of its Private Bank booking centre in Singapore, a strategic investment that reinforces the city-state’s role as a key wealth hub in the bank’s international growth strategy.
The centre combines local booking capabilities in Singapore with connectivity to Barclays’ international booking centres, enabling clients to access banking, lending, investment and wealth planning services seamlessly. As wealth creation, investment activity and capital flows become increasingly global, the enhanced platform allows Barclays to support clients with interests spanning multiple markets, asset classes and jurisdictions through one integrated offering.
Through its One Barclays model, clients benefit from the combined strengths of the Private Bank, Corporate Bank, Investment Bank and Global Markets businesses. This brings together global expertise, financing capabilities and market access to support increasingly sophisticated needs, including investment financing, family governance, succession planning and cross-border wealth management.
The launch reflects Barclays’ continued investment in Asia, where demand for sophisticated wealth solutions continues to grow. Over the past year, the private bank has expanded client coverage, enhanced its discretionary portfolio management capabilities and strengthened its regional platform to better serve internationally connected clients.
Alexander Harrison, Country CEO, Singapore, and Interim Head of Private Bank Singapore, Barclays, said: “Singapore continues to play a pivotal role in the global wealth landscape. The launch of our booking centre reflects Barclays’ long-term commitment to the market and our ambition to serve increasingly international client needs. We are uniquely positioned to support clients whose businesses, families and wealth span borders through one integrated bank, bringing together the capabilities of our global franchise to help them navigate opportunities across markets and generations.”
