The latest example of this partnership model is the signing this month of a new Memorandum of Understanding (MOU) with Mandiri Sekuritas, one of Indonesia’s largest investment banks.
The agreement provides Barclays’s global institutional investor clients with enhanced access to Indonesia’s top corporates, while offering these corporations highly targeted access to global fund managers through meetings and group presentations.
Barclays and Mandiri Sekuritas will jointly hold various cobranded events across the UK, US and Asia Pacific. Concurrently, Mandiri Sekuritas will provide Barclays’ institutional clients with high quality access to leading companies in Indonesia. These events will range from one-on-one meetings to bespoke trips, non-deal roadshows and conferences.
The MOU signing follows the signing in March of an updated MOU between Barclays and China Development Bank Corporation (CDB), which focuses on complementary activities in the areas of training and development, investment banking, and personal and corporate banking, as well partnering with each other around business opportunities in Africa.
Barclays and CDB International, CDB’s Hong Kong based investment arm, also signed a separate memorandum of understanding in relation to investment opportunities for CDB outside of China.