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Finance Watch: A new era in wealth management beckons
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Bank of Singapore chief executive Bahren Shaari took over the helm about six years ago.
PHOTO: BANK OF SINGAPORE
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SINGAPORE - One of the biggest challenges - and opportunities - facing the wealth management industry, especially in Asia, is the transfer of inter-generational wealth.
As the first-generation creators of wealth reach retirement age, they are starting to restructure their asset holdings. This will add complexity to the wealth management marketplace, says Bank of Singapore (BOS) chief executive Bahren Shaari.
