Photographer: Simon Dawson/Bloomberg

Barclays Private Bankers Defect Before OCBC Acquisition

Updated on
  • More than 10 wealth managers leave for Standard Chartered
  • Reflects competition for staff as banks eye Asia’s rich

Standard Chartered Plc has stepped up its hiring from Barclays Plc’s private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp., in a move that underscores the stiff competition for wealth managers in Asia.

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