Barclays Capital to gain Thai foothold

Barclays Capital bought DBS Thai Danu Securities from Singapore's DBS Group, and plans to undertake a large expansion of its debt capital markets activity in the Asia Pacific region through the vehicle. Subsequent to gaining the necessary licences, Barclays Capital said it plans a major expansion of its derivatives business in Thailand, but has yet to provide specific details. "We are very pleased to have made this acquisition. It is an important part of our on-going expansion in Asia," said