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In return to Singapore, Barclays Private Bank sets sights on ultra rich and family offices

UK lender is ramping up hiring in the city-state, as it prepares to set up its second booking centre in Asia-Pacific

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Wong Chia Peck

Wong Chia Peck

Published Mon, May 12, 2025 · 05:34 PM
    • When she was hired to head Barclays' private bank in Singapore in 2021, Evonne Tan says clients had questioned the lender's commitment since it sold the business just five years earlier.
    • When she was hired to head Barclays' private bank in Singapore in 2021, Evonne Tan says clients had questioned the lender's commitment since it sold the business just five years earlier. PHOTO: BARCLAYS

    [SINGAPORE] Barclays’ private bank, which made a return to Singapore in 2021, is building up the business with renewed vigour.

    In that push, the group has been stepping up its recruitment in Singapore, said Evonne Tan, head of Barclays Private Bank, Singapore. Among the most prominent hires, besides Tan, are David Ratcliffe as chief operating officer and Ken Sze as head of investments, Asia.

    The number of relationship managers in Singapore is now believed to exceed 10.

    Private banking

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