Barclays names Harrison Asia corporate bank head

The British bank relocates Alexander Harrison to Singapore as it moves to grow corporate banking, having scaled back more capital intensive business lines in the region.

Barclays has appointed Alexander Harrison as head of corporate banking for Asia Pacific a new role for the British bank as it moves to expand the business line in the region.

Harrison will relocate from Dubai to Singapore and will focus on supporting Asia Pacific companies and financial institutions. The bank is looking to expand its corporate banking team and said in a release that it is hiring corporate bankers in Asia. A spokesman declined to provide numbers.

Barclays' corporate banking expansion contrasts with a reduction in its investment banking head count. Barclays last year cut 100 jobs across investment banking and markets, or about 5%...

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