Commerzbank International Trust (Singapore) Ltd., CITS as it was known in these parts is no more. CITS was one of the early international banks to enter the Singapore trust industry. It's been home to a lot of people like Luke Peng, some may remember Jeff Halpern from the 90s,....
You knew something was up when Commerzbank basically dumped its SE Asian banking team in a deal with EFG. Pending MAS approval, the business is being sold to Trident Trust, which is now run in Singapore by former UBS (ahem, banking) big-wig Markus Grossmann.
All the best, Dudley
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment