"Singapore has been very clever in the way it has attracted - and is attracting - family offices. I don't see that going on in other parts of Asia." says Mr Charrington.
BT PHOTO: YEN MENG JIIN
CITI'S private banking business is looking to leverage Singapore's strategy in wooing more global family offices, with the city-state seen to have a "real lead" over the rest of the region, said Peter Charrington, global head of Citi Private Bank.