SINGAPORE – Private banks are gearing up to meet an expected surge in demand from well-heeled clients amid increased scrutiny of the sector.
Looming interest rate cuts in the United States will likely prompt wealthy customers here and elsewhere to look for other ways to boost investment yields, which in turn will put heightened focus on the private banks that cater to them.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
