Barclays Plc is seeking deeper ties with India’s billionaire founders as it looks to expand in the country’s fast-growing and highly competitive private banking market, where global rivals are also stepping up.
With wealth hubs across London, Dubai, Singapore and Europe, Barclays is betting on its international network and capital-markets capabilities to cater to ultra-rich Indians with businesses and assets across multiple jurisdictions, according to Annabelle Bryde, head of the firm’s Private Bank International. “That, for us, is a high-priority area,” she said in an interview.
