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BoS’ possible London launch will bolster its NRI strategy

Bank of Singapore CEO, Bahren Shaari, says that he is considering opening a branch in London to take advantage of a weak post-Brexit pound. A London foray would also buttress the private bank’s non-resident Indian (NRI) strategy. “London has always been expensive as a place to do business,” Shaari told the Financial Times. “Now it has become 20 per cent cheaper.” Shaari…

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