Private bank of the year: Barclays Wealth

Barclays Wealth wins the best private bank award

photo of irene-chen
Irene Chen, Barclays Wealth

Barclays Wealth's $38 billion in assets under management (AUM) in Asia is one measure of its success, but AUM fails to tell the story of the bank's astonishing growth. Volumes have tripled since 2010, according to a Singapore-based spokesperson at Barclays Wealth. Asia now accounts for half of the private bank's global structured product sales. Irene Chen, Hong Kong-based head of structured products Asia, says the annual notional her team is transacting purely in structured products is on par