Barclays to boost Asian trade flows business

Singapore

BARCLAYS is gunning for Asia's lucrative trade flows business and hiring corporate bankers in the region to lead this push.

The UK bank announced this new growth phase for its corporate banking business in Asia, following last year's restructuring which saw it pivot to the UK, US and Africa, and cut back on Asia.

"Alexander Harrison has been appointed to lead the next phase of strategic growth in the region," Barclays said last week.

"The bank is currently hiring corporate bankers in Asia, as it grows and deepens its corporate client base alongside its financial institutions franchise. With corporate banking hubs in Singapore, India, Hong Kong and Japan, the …