The Business Times
business-time-50
SUBSCRIBERS

Coutts International to be sold to UBP

google-preferred-sourceAdd BT as a preferred source
Published Fri, Mar 27, 2015 · 09:50 PM

    Singapore

    ROYAL Bank of Scotland (RBS) Group has finally found a fit in Swiss bank Union Bancaire Privee (UBP) for its international wealth management business, it announced on Friday.

    Both RBS and UBP did not disclose the sale price for Coutts International. On Friday, the Financial Times reported it to be between US$600 million and US$800 million, even as the bank said it "anticipates receiving a premium".

    Societe GeneraleDBS

    TRENDING NOW

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    Maritime vessels off Singapore's waters. The war on Iran, which has disrupted global supply chains, entered its 100th day on Jun 6.

    In a world of long-drawn crises, ‘wait and see’ may be a decreasingly tenable stance

    Trading under the symbol SPCX, SpaceX has picked a handful of brokerage firms to distribute shares in the IPO to retail customers in the US.

    SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares

    DeepSeek’s rapid global rise proves that elite Chinese AI talents do not have to work for American companies to achieve massive success.

    The returnees: Inside China’s AI talent reversal

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More