Bank of Singapore unveils European wealth subsidiary

The private bank opened branches in London and Luxembourg.

Bank of Singapore, the private banking arm of OCBC, has launched its wealth management subsidiary, BOS Wealth Management Europe SA (BOSWM) in a bid to capture Europe's ultra-wealthy market.

The Luxembourg-headquartered subsidiary will be led by CEO Anthony Adriano Simcic andthe London branch will be headed by general manager Liz Bottomley. The branches have a total of 30 employees.

Also read: Asia beats Europe and America in private banking gains in 2017

Prior to the setup of BOSWM, Bank of Singapore had been serving its European clients from its Singapore headquarters and through its parent company OCBC Bank’s London office.

According to a report by Knight Frank, Europe is home to 35% of the world’s ultra-high net worth individuals in 2018.

Follow the link for more news on

Bank of Singapore

Also Read

Krungthai Bank to temporarily shutter Thepprasit Road (Pattaya) branch

Thailand’s Krungthai Bank temporarily closes two branches

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia