The Group Head of Consumer Banking and Wealth Management was named the Best Leader in Private Banking at the PWM/The Banker Global Private Banking Awards, while the bank won the Best Private Bank in Use of Technology and Best Private Bank in Singapore awa
They are the vehicles that provide anything, from staff and travel management services, to the supervision of trusts and investments outside of the general business operations.
The British bank will remain a focused wholesale bank with a lean and mean operations, preferring to operate as a branch of its parent instead of choosing local incorporation, said Barclays country head Jaideep Khanna.
The Bahamas will have “more than our combined” level of current financial services business if it captures just a small percentage of the China/Asian market, but needs to better establish its “brand” in the region.
“As a boutique organisation, we don’t have a brand that people are naturally attracted to, and we need to find people that really relate to a very bespoke culture and ethical standard. It’s very, very hard.”
Since it started operations years ago, DBS Private Bank has been making strides. Just last week, it was named outstanding private bank in the Asia Pacific.