3 Mar 2008
John Burton
Singapore, the world’s fastest growing private banking centre, could be the main beneficiary from the Liechtenstein tax evasion investigation, according to the global head of Société Générale’s private banking business.
“Because of what happened in Liechtenstein, we will see a higher flow of funds into Singapore,” said Daniel Truchi, who previously headed SG Private Banking’s Asian operations from Singapore. “The momentum is accelerating.”
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