Its CEO says London has become 20% cheaper.
According to CNBC, Singapore’s second-biggest bank says Brexit is not all bad news for UK financial services even as the sector braces for a mass exodus of foreign banks.
Bank of Singapore is considering setting up a private bank in the UK, its chief executive Bahren Shaari told the Financial Times, because costs there have fallen thanks to the pound’s sharp drop since Britain voted to leave the EU.
Read the full story here.
Join Asian Banking & Finance community
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!