Bank of Singapore gets regulatory nod to launch Luxembourg unit
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BANK of Singapore (BOS), the private banking arm of OCBC Bank, has been granted a licence to operate a wealth management subsidiary in Luxembourg, Western Europe, in what it claims is a first for a Singapore private bank.
Through its new unit, BOS Wealth Management Europe Société Anonyme (SA), BOS will be able to offer customised private banking solutions and investment advisory services to its ultra-high, and high net worth clients within the European Economic Area (EEA) and the UK, the bank said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
