Barclays is actively searching for senior executives to head up this relaunch, aiming to deepen its connections and win more market share.
As one insider put it, they're looking to expand to deepen the franchise and gain market share.
The relaunch could happen soon.

After discontinuing its ECM, broking and research operations in India in 2016 (and closing full operations in several other Asian markets), Barclays has recently doubled down on its commitment here.
Barclays sees big potential ahead.