Singapore regulator bans DBS wealth manager for fraud
He was found to have transferred clients’ money to his personal account
He was found to have transferred clients’ money to his personal account
Deal was agreed on 23 December 2021
Clients often find that ‘recommendations usually end up in some kind of product sell, which is off-putting’
Firm has seen a rise in HNWIs seeking protection products
As it partners with wealth managers and insurers to help them build portfolios for their clients
Country could raise S$600m via levies on income, property and cars
Recognising complexities and educating the next generation help HNWs solve disputes
To meet the ‘underserved needs’ of high net worth clients
Regulator said it ‘is highly risky and not suitable for the general public’
With a focus on hubs in Malaysia, Singapore and Australia alongside its head office in Hong Kong
Acquisition will allow the group to obtain a banking licence in Britain
As it partners with technology provider