Sectors

Skip Navigation LinksHomeBarclays’ Morrice outlines Asia growth plans

Barclays’ Morrice outlines Asia growth plans

Date: 27 Aug 2009

The UK lender is striving to expand regionally, bulking up in investment banking as well as establishing an equities business. Regional CEO Robert Morrice is bullish on four Asian markets above all and says he will continue hiring.

Keywords (click to search): [Robert Morrice] [Barclays] [CEO] [interview] [hiring] [expanding] [Ivan Ferraroni] [Tim Last] [Matthew Ginsburg]

Aaron Pan

Asiamoney [AM]: What are Barclays’ plans for expanding its investment banking business here in Asia and how do you aim to achieve that?

Robert Morrice [RM], Asia-Pacific chairman and chief executive, Barclays: Following the integration of the Lehman Brothers North American business, our aim is to create a top-class global investment banking franchise in which Asia-Pacific plays a meaningful part in terms of revenue and growth to that of Barclays Capital in the US and Europe. In order to do that, we’ll continue to diversify our business and increase our presence in the right markets and sectors where we see sustainable growth. One of our main areas of focus now is to expand in investment banking and to establish an equities business to complement the strong platforms in the US and Europe.

AM: What are the main challenges that the bank faces when trying to break into...

To continue reading the rest of the article, you will need to be an Asiamoney subscriber.

Asiamoney subscribers will receive full access to the following:

  • All the latest news, analysis and opinion at Asiamoney.com, Asiamoney WM (Wealth Management), and ACN (Asiamoney China) .
  • Breaking news alerts sent directly to your PC/mobile device.
  • Asiamoney’s Polls and Awards section.
  • Asiamoney’s extensive online archive
  • Asiamoney Week: our email service featuring the most widely read news and opinion pieces on Asia’s financial markets from our website over the previous seven days

If you would like to start your subscription, please contact our subscriptions team at (+852) 2842 6998.

If you are experiencing any problems with your access, please contact Customer Service by phone at (+852) 2842 6910 (Hong Kong), (+44) (0) 20 7779 8999 (UK), (+1) 212 224 3570 (US) or contact us by email at subscriptions@asiamoney.com.

Kind regards,

Asiamoney
http://www.asiamoney.com


Already have an account?

Subscriber Login


Forgotten your password?

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Free trial

Taking a free trial will give you access to the current issue for two weeks (excluding selected articles, poll results and achives). Start your free trial today.

Related articles

  • Rivals underestimate Japan potential: Barclays Wealth  29 Jul 2010
    The Asia-Pacific chief executive of Barclays Wealth, Didier von Daeniken, believes international banks don’t recogise the importance of domestic consumer loyalty in Japan in what he sees as a product sales approach.

  • BarCap bristles at criticism of its China capabilities  19 Jul 2010
    Asia-Pacific investment banking head Matthew Ginsburg vehemently rejects unflattering comments about the UK institution’s strength in China. But he knows that deepening the bank’s coverage of the country is key for regional success, as recent hires indicate. Peter McGill reports.

  • Credit Suisse hires DCM veteran Shum from BarCap  14 Jul 2010
    The Swiss bank has lured Anthony Shum from its UK rival to become a director in its regional debt capital markets team, asiamoney.com can reveal. The move compliments Credit Suisse’s desire to grow its fixed income personnel by 20% this year.

  • BarCap hires two senior investment bankers in HK  07 Jul 2010
    The UK bank has appointed Vanessa Koo as managing director of mergers and acquisitions for Greater China and James Lim as head of Asia-Pacific real estate, asiamoney.com can reveal. Koo joins from Goldman Sachs and Lim joins from BNP Paribas.

  • BSI’s Brunner plans private banking revolution  05 Jul 2010
    Hanspeter Brunner is settling into the final project of his private banking career: building BSI Bank into a competitive force in Asia. He has attracted a wealth of talent from his old employer and is now eyeing growth in Singapore and Hong Kong.

Most read articles

  1. Jefferies grabs senior CLSA equities duo in Asia push

  2. Citi and Deutsche lead Asia's largest Cash Management Poll

  3. Opinion: How Henry Cai's move affects Deutsche and UBS

  4. CHINA - Tianjin plots financial re-launch

  5. Private banking industry showing signs of strain


All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Ltd 2010.