Bloomberg says Barclays Plc’s wealth management unit hired three bankers from UBS AG for its South Asia team in Singapore, according to an e-mailed statement. Barclays Wealth appointed Vikram Malhotra, previously a country team head at UBS, as head of South Asia. It also hired Jagdish Kale and Rohit Nanani from UBS as Singapore-based directors, according to the statement.

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