Barclays is planning to close most of its cash - equities business in the Asia - Pacific region , as part of its strategy to reduce losses , and because its Asia securities operations are not considered profitable and competitive enough . First Published: This decision comes as a slowing Chinese economy and population declines throughout Asia .
Barclays is planning to close most of its cash - equities business in the Asia - Pacific region , as part of its strategy to reduce losses , and because its Asia securities operations are not considered profitable and competitive enough . This decision comes as a slowing Chinese economy and population declines throughout Asia .