Barclays prime services to build on synthetic beginnings
After an aggressive expansion of its prime services network in the region, Barclays is transforming from its beginnings in synthetic prime brokerage to a full-service offering.
Barclays Capital, which has been building its prime services division globally over the past two years, aims to branch out from synthetic prime brokerage to a full-scale offering to hedge funds and other asset managers, says Ryan Bacher, the bank’s head of prime services for Asia-Pacific.
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