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Barclays taps Morgan Stanley's Singapore wealth head as it rebuilds in Asia

Nate Gregory
Published Sep 22, 2026
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Summary:
  • Barclays is bringing in Wee Yee Yeong from Morgan Stanley to run wealth for Singapore and Asia, with a likely start in December.
  • The move comes as Barclays restarts its Singapore booking center and targets more than doubling private-banking staff in the city.
  • Wee will take over from Evonne Tan, who left in April to become Asia wealth CEO at Schroders Plc.

The hire and the handoff

Barclays has recruited Wee Yee Yeong, who leads Morgan Stanley's Singapore wealth business, according to people familiar with the move who asked not to be named because it involves personnel changes. He is expected to join in December as head of wealth for Singapore and Asia, succeeding Evonne Tan, who left in April to take the role of Asia wealth chief executive officer at Schroders Plc. Both Wee and Barclays declined to comment, while a Morgan Stanley spokesperson confirmed he is departing the firm.

Barclays' Asia push

The timing lines up with Barclays switching the lights back on at its Singapore booking center, part of a broader effort to grow revenue in Asia's rapidly expanding wealth market.

Strong relationships and steady guidance help protect your savings through any change. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.

Wee's background and the wider rebuild

Per his LinkedIn profile, Wee joined Morgan Stanley in 2019 after working at Bank of Singapore, and earlier held roles at Credit Suisse and UBS Group AG. Barclays sold its wealth private-banking assets in Singapore and Hong Kong in 2016. It is now rebuilding in Singapore, and the bank has not provided any comment on potential plans to return to the Hong Kong private-banking market.

A calm, consistent approach can make it easier to grow your money over time. Our CEO Jaspreet Singh is hosting a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, on September 29th. Sign up free to join him live.

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