Barclays is stepping up its pursuit of India\u2019s top business promoters and wealthy founders as part of a strategic push to achieve double-digit growth in its private banking business, according to a Bloomberg report. Speaking to Bloomberg, Annabelle Bryde, Head of Barclays Private Bank International, identified Indian high-net-worth clients with cross-border business footprints as a high-priority segment. The British lender aims to leverage its wealth management hubs across London, Dubai, Singapore, and Europe, combined with its investment banking capabilities, to capture market share among the country’s ultra-wealthy.<\/p>\n
The expansion comes amid intensifying competition among global private banks targeting India\u2019s expanding wealth pool. Barclays\u2019 Indian wealth management arm managed $23.8 billion in assets under management at the end of 2025\u2014a 7.3% year-on-year increase\u2014ranking 10th in the country according to Asian Private Banker. The firm is competing alongside global rivals like Standard Chartered, HSBC, and Julius Baer, as well as domestic boutique wealth firms, driving compensation for top relationship managers to historic highs amid ongoing industry leadership reshuffles.<\/p>\n
Barclays\u2019 aggressive strategy is anchored by India’s rapidly growing base of ultra-high-net-worth individuals (UHNWIs). According to Knight Frank\u2019s Wealth Report, India ranked third globally in 2025 with 207 billionaires\u2014a figure projected to reach 313 by 2031, alongside nearly 20,000 individuals with net assets exceeding $30 million. Adrish Ghosh, Head of Barclays Private Bank for India, noted that strong initial public offering (IPO) activity and cross-border mergers and acquisitions are creating unprecedented personal liquidity for Indian founders, positioning wealth management for sustained expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"Barclays is stepping up its pursuit of India\u2019s top business promoters and wealthy founders as part of a…\n","protected":false},"author":2,"featured_media":113019,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[26676,4199,3343,26681,22727,26678,26683,26685,26682,24435,26684,4198,26677,26675,2542,42,26679,1372,26680],"class_list":["post-113018","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-ad-tech","tag-advertising","tag-barclays","tag-creative-work","tag-customer-experience","tag-digital-marketing","tag-emerging-trends","tag-expert-opinions","tag-industry-insights","tag-influencer-marketing","tag-innovative-strategies","tag-marketing","tag-martech","tag-media-news","tag-mena","tag-middle-east","tag-pr-news","tag-startups","tag-technology-trends"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117174227580726724","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/113018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=113018"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/113018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/113019"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=113018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=113018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=113018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}