JPMorgan Pte Bank sets up Singapore trust company

JPMorgan Private Bank on Thursday launched a trust company in Singapore to cater for its ultra-high net worth clients and their families, as wealth expansion in the region continues to outpace the rest of the world.

This is its first trust company in Asia, outside of its existing two in the Bahamas and Delaware, US.JPMORGAN Private Bank on Thursday launched a trust company in Singapore to cater for its ultra-high net worth clients and their families, as wealth expansion in the region continues to outpace the rest of the world. This is its first trust company in Asia, outside of its...

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