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Barclays Hires Morgan Stanley Executive for Asia Private Bank

Source: Bloomberg

Banking & LiquidityManagement & Governance

Barclays hired Wee Yee Yeong, Morgan Stanley's head of wealth business in Singapore, as it restarts operations at its Singapore booking center. The senior wealth-management hire signals Barclays' renewed expansion in the Singapore private-banking market, though the report disclosed no financial terms or expected revenue impact.

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