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Nomura, UOB said to weigh offers for Barclays unit

Published Fri, Mar 4, 2016 · 09:50 PM

Singapore

NOMURA Holdings Inc and United Overseas Bank Ltd (UOB) are among the banks considering bids for Barclays plc's Singapore and Hong Kong private-wealth business, according to people familiar with the matter.

Second-round bids for the British lender's unit are due by the middle of this month, after interested firms submitted non-binding bids earlier this year, the people said, asking not to be named as the process is private.

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