Barclays deal done, BOS continues expansion drive
It is stepping up efforts to gather more clients and assets, focusing on growing its presence in Greater China, offshore Japan and the Middle East.
THE Bank of Singapore (BOS), which last week bought Barclays' private bank business in Hong Kong and Singapore, is stepping up efforts in Greater China, offshore Japan and the Middle East as part of its expansion strategy.
While growth has been brisk in the last three years, there is no let up in gathering more clients and assets, said chief executive Bahren Shaari.
"The South-east Asia region is our biggest market," says Mr Shaari in an interview before the Barclays deal was announced.
"However, …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Toyota hits record annual output, sales on robust demand
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution
Nissan, Mazda roll out new models for China as they aim for comeback
South Korea readies new system to detect illegal short-selling
Axiata, Sinar Mas move closer to US$3.5 billion telco merger