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Trust in us: Bank of Singapore eyes wealth planning boom in 2023

Bank of Singapore (BOS) expects the number of its UHNW clients who set up trust structures in the city-state to more than double this year. In the first six months of 2023, the number of such trust structures that were established through the bank’s wholly-owned subsidiary, BOS Trustee, exceeded the whole of 2022, BOS said on Wednesday. The bank did…

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