Barclays Investment Bank Singapore is one of the world's fastest growing investment banks. It is a part of
Barclays Bank PLC which has an AA long-term credit rating and a balance sheet of over US$1.8 trillion. Quek Suan is the Kiat Branch Manager and James Loh is the Vice Chairman,
Barclays Capital, Asia Pacific Region.
Barclays Investment Bank Singapore- Products & Services:
Barclays Investment Bank Singapore is the investment banking division of
Barclays Bank PLC. It provides corporate, institutional and government clients with logical and feasible solutions to their financial, wealth and risk management needs. Besides it also helps corporations, governments and financial institutions across the world with financing the risk management products.
- 1. Private Banking- Barclays Investment Bank Singapore provides cash management, investment management, banking, borrowing and transfer of wealth to next generations and protection of wealth (insurance and assurance). The diversified services to wealthy clients are specifically designed to focus on what wealth means to him or her.
- Stockbrokers- Barclays Investment Bank Singapore is an authorized company that helps investors with valuable advices when they are in doubt about investing in risky stocks for the purpose of forecasting. The investor has the option to select from a diversified basket of investments with varying levels of risk and return. Extensive research and new professional trading platform is available for equities, ETFs (Exchange Traded Funds), structured products, ISAs (Individual Savings Account), PEPs (Personal Equity Plan), SIPPs (Self-invested Personal Pension), CFDs (Contracts for Difference) and Financial Spreads.
- Financial Planning- Barclays Investment Bank Singapore provides integrated financial advice and investment services that incorporates short and long term needs and risk preference and return. These services are provided to all types of clients who wish to plan for their future. The rich experience of bankers at the Barclays Investment Bank Singapore help modify the definition of wealth to people.
- International Personal and Premier Banking- Barclays Investment Bank Singapore provides a safe and secure offshore home for one's hard-earned money. A range of savings and investments and savings options are available in a multitude of currencies. It provides international access to one's money in terms of day-to-day banking, investments and mortgages, Internet and telephone access etc. International expertise is also available for international clients. The Premier service offered by Barclays Investment Bank Singapore is a free personal service for affluent clients. One needs to have an annual income of at least £100,000. or place a balance of the same amount with the bank in either in savings or investments. Premier service provides a relationship manager for complete personal service to render assistance as and when the client needs it. The dedicated relationship manager is supported by a skilled Premier support team with the purpose of providing solutions for optimal utilization of the wealth.
- Intermediaries and Corporates- This service caters to the need of a wide range of international clients ranging from multinational companies to a small private wealth company. Clients benefit from in-depth understanding of the investment bankers and from prompt and dependable support of Barclays Investment Bank Singapore. A relationship team also handles offshore financial markets to meet the needs of the crucial industries such as Fund Management, Captive Insurance, Offshore Banking etc.
- Debt Capital Markets- The debt capital market group of Barclays Investment Bank Singapore has huge experience in corporate, financial and sovereign bonds, private placements, asset backed products, public convertible and exchangeable bonds, and OTC equity financing. It originates and structures debt issuance and executes risk and liability management transactions.
The structure of the
Barclays Investment Bank Singapore maximizes the creative and intellectual capacity of employees which helps in providing one of the best quality services among its peers.
Barclays Investment Bank Singapore- Responsible Banking:
Barclays Investment Bank Singapore, performs responsible banking by making people informed and reasoned, providing them with excellent products and services. Besides it believes in ethical decisions in business dealing with customers and clients. This ensures that
Barclays Investment Bank Singapore tries to be the best in whatever it does. It is a member of Dow Jones Sustainability and FTSE4Good ethical indices. It captured the 3rd position among 131 countries in the Business in the Community Corporate Responsibility Index and ranked 50th in the Carbon Disclosure Project in the global FT 500 companies list.
Barclays Investment Bank Singapore considers an increase in access to bank account (credit and savings) as a way to increase financial inclusion as well as a commercial opportunity. So in the UK it supports agencies such as the Money Advice Trust, Citizens Advice and Business Debtline. In short the business purpose of
Barclays Investment Bank Singapore is to fulfill the objectives of customers while satisfying the goal of delivering top quartile total shareholder return.
Financial Results:
Barclays investment banking and
investment management divisions performed magnificently.
Barclays Capital issued a debt of US$409 billion.
Barclays Global Investors had a total of US$1,814 billion of AUM (Assets Under Management).
Barclays Wealth had a total client assets of £93bn (US$184 billion). Profit before tax grew by 35% for
Barclays bank PLC as a whole. The outstanding performance especially in case of
Barclays Capital and
Barclays Global Investors indicates that Barclays had an excellent year in 2006 and has the potential to carry out the splendid growth. .
Barclays Investment Bank Singapore was in news recently because:
- Barclays Investment Bank Singapore appointed Robin Gvozden as Director, Head of Strategy Research, Non-Japan Asia. He will be responsible for driving the regional strategy team's analysis of individual Asian FX, interest rate and credit markets. He will also accomplish integration of views of the Asian strategy research team with the firm's global emerging market and global research products related to credit.
- Barclays Investment Bank Singapore launched the Asian Real Estate Income Fund (SGD) in Singapore. The fund was launched to encourage investors exposure to the Asian real estate and with the help of Barclays creative trading strategy to bring in minimum dividend payments of 8%.
- Managing Director Kevin Burke relocated to the bank's office at Singapore and was appointed the Head of Distribution, non-Japan Asia.
Barclays Investment Bank Singapore is one of the world's largest, fastest growing and well-known bank. Transacting with it can surely make life easier whether one is in his home country or is staying abroad. It is always a good idea to use its services to know more about it.