How to Profit from Singapore the New Switzerland of Asia

The Market Orcale, 24 Feb 2009

The Three Companies Best Poised To Profit from Switzerland's Loss …

The three largest private banks in Singapore, all of which trade on the Singapore stock exchange, stand to make a bundle off this influx of money and are worth checking out …

United Overseas Bank (U11.SI) is a one-stop shop for the wealthy. It offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives and precious-metals trading, along with life insurance.

DBS Group Holdings (D05.SI) is the largest bank in Singapore. It provides mortgage financing, funds management and brokerage services. It is also Singapore's primary dealer of the country's government securities.

Oversea-Chinese Banking Corporation (039.SI) provides banking, brokerage, corporate banking, asset management, venture capital, and trustee services.

Read More