Barclays Plans to Enter China's Asset Management Market, Reuters Reports
July 14 2022 - 06:30AM
Dow Jones News
--Barclays PLC is looking for a partner in the Chinese banking
sector to set up an asset management joint venture in China,
Reuters reports, citing two people with knowledge of the
matter.
--The joint venture, in which Barclays will be the majority
stakeholder, will be set up through Barclays Investment Managers,
which has operations in Japan and Europe, Reuters cites the unnamed
sources as saying.
Full story: https://reut.rs/3RAiCFZ
Write to Justina Lee at justina.lee@wsj.com
(END) Dow Jones Newswires
July 14, 2022 06:15 ET (10:15 GMT)
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