Kelvin Hayes, Singapore-based deputy group treasurer at SGS, explains the inner workings of the Swiss inspection, verification, testing and certification company’s in-house bank and the issues it faces with trapped cash in Asia.
The Swiss state-owned bank recently set up in Hong Kong, and its senior executives this week talked about their plans to penetrate Asia's wealth-management market.
The Swiss private bank opens its first branch outside of Switzerland, which is more proof – if you needed it – that the growth story for wealth management is in Asia.