Singapore’s tax policies are a major factor driving wealthy individuals to establish private banking relationships here. Singapore does not levy capital gains tax, inheritance tax, or estate duty. For HNWIs, this creates a favorable environment for
At the core of private banking is the relationship manager (RM), whose role goes far beyond advising on investments. Private banking clients are assigned dedicated RMs who act as a single point of contact for all financial needs. Their responsibiliti
Private banks in Singapore each set their own entry thresholds. Understanding these minimum deposit requirements is essential for high-net-worth individuals (HNWIs) seeking tailored wealth solutions. Most local banks such as DBS Treasures Private Cli
Private banking is undergoing transformation in 2025. This article outlines key trends that are redefining the industry in Singapore. ESG and Sustainable Investing: Clients are demanding investment portfolios that reflect environmental and social val
Private banking is more than just investment advice. Clients often receive a suite of personalized services that cover lifestyle, legacy, and cross-generational planning. While investment advisory remains the core of private banking, Singapore’s pr
Singapore has become Asia’s Switzerland, attracting family offices and wealthy individuals across the region. Over the past two decades, Singapore has positioned itself as a global wealth management hub. The country’s political stability, robust
Singapore is home to a wide range of global and local private banks. This article highlights the leading players and what differentiates their services. Singapore’s private banking industry is dominated by a mix of global giants and strong local ba
Private banking plays a crucial role in estate planning, helping clients safeguard and transfer wealth across generations. Estate planning in private banking often includes: Trust and foundation structures Tax-efficient wealth transfer strategies Cro
The private banking industry in Singapore is evolving rapidly in 2025. Key trends are reshaping client expectations and services. Digital Integration: AI-driven advisory and digital platforms are enhancing efficiency. Sustainable Investing: ESG is no
For ultra-high-net-worth families, the choice often lies between establishing a family office or relying on private banking. Both have advantages. Family Office: Offers full control, customized structures, and privacy. Best suited for families managi