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Barclays appoints new leaders for corporate banking in Singapore
Barclays has appointed Vijay Shankar as managing director and head of global transaction banking for APAC & Middle East, and Amaar Khan as managing director, CIO, and head of corporate banking technology for the same region, both based in Singapore. Shankar brings over 38 years of experience in transaction banking, previously serving at ANZ Bank, Standard Chartered, and Deutsche Bank. Khan, with 27 years in technology, has held senior roles at Bank of New York, Bank of Singapore, and other major financial institutions.
private banks in hong kong expand hiring amid influx of chinese wealth
Wealth managers in Hong Kong are ramping up hiring to accommodate a surge in mainland Chinese clients seeking offshore investments and residency options. With private wealth net inflows nearly tripling to HK$341 billion in 2023, banks like UBS and Julius Baer are expanding their teams and services to cater to this growing demand. Amid geopolitical concerns and economic challenges in China, affluent individuals are increasingly looking to diversify their assets and secure better opportunities abroad.
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