The skyline of the financial district in Singapore, a playground for many wealthy Chinese. Photo: EPA-EFE
The skyline of the financial district in Singapore, a playground for many wealthy Chinese. Photo: EPA-EFE
Singapore

JPMorgan to double private bankers in Singapore to serve wealthy mainland Chinese

  • US bank currently has more than a dozen private bankers serving wealthy Chinese clients from Singapore
  • The number of millionaires in China grew 11 per cent to 1.3 million in 2019 versus 3.4 million in Japan, according to Capgemini

The skyline of the financial district in Singapore, a playground for many wealthy Chinese. Photo: EPA-EFE
The skyline of the financial district in Singapore, a playground for many wealthy Chinese. Photo: EPA-EFE
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