Singapore’s financial watchdog gives Union Bancaire Privée (UBP) the nod to operate as a fully-fledged merchant bank. The Geneva-headquartered private bank has been operating in Asia since the early 1990s as an asset and wealth manager in Hong Kong (with type 1, 4, 9 licenses), and similarly in Singapore, through a capital markets services license, booking assets through a third-party…
Have a confidential tip? Get in touch [email protected]