Citi puts bigger bet on Singapore with family offices as ace in hand
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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.
At a time of global uncertainty, with trade tensions and Brexit dominating the headlines, Singapore has emerged as a winning financial centre with "clear rules", he told The Business Times.
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