Bank of Singapore revs up businesses of next-gen clients

Singapore

A THREE-day course on business management held by the Bank of Singapore for the next generation of its clients has helped one fledgling business to more than quadruple its revenue from three years ago.

Private banks in Singapore are now organising wealth management training programmes for the children of their clients. The aim is to help prepare their clients' next generation with relevant skills and knowledge to manage wealth, investments and run a business, be it their family businesses or their own.