Angela Liu hire gives Barclays a window into China

Barclays all but left Asia five years ago but is slowly returning to relevance in the region. The hire of Angela Liu from Deutsche Bank as its first China chief executive is a step in the right direction.

Barclays announced on Monday the appointment of Angela Liu as its China country chief executive.

Usually, when a banker is elevated to such a senior position, there is a legacy to build on or rebuild, but not here. The position is a new one to the UK lender – and Liu will have a lot on her plate.

With a near-20-year career in banking, she has the pedigree. Most recently, she was head of Deutsche Bank’s China and Hong Kong institutional client group.

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