SUBSCRIBERS

DBS, OCBC, Julius Baer said to have made bids for Barclays's Asia wealth unit

Published Fri, Feb 12, 2016 · 09:50 PM

Singapore

SINGAPORE'S DBS Group Holdings and Oversea-Chinese Banking Corporation, as well as Swiss bank Julius Baer, have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said.

First-round bids for the Singapore-based unit, which bankers value at around US$600 million, were submitted last week, said the people, …

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here