Nomura, UOB said to weigh offers for Barclays unit
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore