Nomura Holdings, Inc. (TSE:8604) and United Overseas Bank Limited (SGX:U11) are considering biiding for Barclays PLC (LSE:BARC)'s Singapore and Hong Kong private-wealth business, according to people familiar with the matter. The second round bids for the Singapore and Hong Kong private-wealth business are scheduled to occur by the middle of March 2016, as per sources. Also, DBS Group Holdings Ltd (SGX:D05) and Oversea-Chinese Banking Corporation Limited are also weighing offers.

Representatives from DBS, Nomura, OCBC and UOB declined to comment.