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Nomura, UOB said to weigh offers for Barclays unit

Published Fri, Mar 4, 2016 · 09:50 PM

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.

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