Barclays’ Asian push – answers

Barclays’ Asian push

questions

1. Where is Barclays expanding? in Asia
2. How is Barclays looking to recover from the financial crisis? by tapping the region’s growing wealth pool
3. How much should it’s wealth pool have in assets by the end of 2009? $10 billion US
4. How much did it have in 2008? under $7 billion US
5. When do they hope to achieve $20 billion? by 2012
6. How many extra people will they employ in the region? 500 (heads)
7. How many people are currently employed in Japan? 750
8. By how much do they expect the head count to grow in a year? 10-15%
9. What are other banks doing in Asia? re-shaping or retreating
10. What is Barclays aiming to become and how can it facilitate this? an equities and m&a (mergers and acquisitions) powerhouse, using the Lehman Brothers US operations they purchased in 2008 as a springboard.