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Swiss private bank Pictet expands in Singapore with wholesale licence

Claude Haberer, Pictet Wealth Management Asia chief executive said that its upgraded licence underlines the growing importance of Singapore for the Pictet Group in the Asia-Pacific region.


THE Pictet Group said on Monday that it has obtained a wholesale bank licence from the Monetary Authority of Singapore (MAS) to expand its operations here.

The Swiss private bank said that its Singapore bank, Bank Pictet & Cie (Asia) Ltd (BPCAL), has received...

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