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efta-efta00834694DOJ Data Set 9OtherFrom: "
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DOJ Data Set 9
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efta-efta00834694
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From: "
To: Jeffrey Epstein <[email protected]>
Subject: Fwd: [BREAKING NEWS] Barclays Asia wealth unit receives multiple bids
Date: Fri, 12 Feb 2016 10:35:10 +0000
Fyi
Ariane de Rothschild
Begin forwarded message:
From: FIEVET Emmanuel <
Date: 12 February 2016 at 10:00:05 GMT +I
To: madergeaderfain.chm
"TOBIANO, Cynthia" <
"DURAND, Pierre Etienne"
Subject: FW: [BREAKING NEWS] Barclays Asia wealth unit receives multiple bids
Singapore's OBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted
non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said.
First-round bids for the Singapore-based unit, which bankers value at around $600 million, were submitted last week,
said the people, who declined to be identified because the deal talks are confidential.
The sale is part of a restructuring drive under Barclays new Chief Executive les Staley and comes as several
European banks rethink their Asian strategy due to pressure at home to cut costs.
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EFTA00834694
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