Bank of
Singapore

Bank of Singapore is the wholly owned private banking arm of OCBC Bank.

Every client gets a private banker that is supported by a team of portfolio managers and trading specialists to help deliver tailored financial solutions for their needs.

Bank of Singapore has a research team that provides insights to guide clients investment strategies.

Additionally, they claim to have the best product selection, including structured products, insurance options and a wide range of funds.

Bank of Singapore's services can be summarised below:

1. Asset creation and preservation:

Bank of Singapore claims to have years of experience in helping entrepreneurial families with their family legacy, trusts and wealth preservation. They allow you to invest directly in a wide range of investment options or by using their discretionary and advisory services. The investment products include: derivatives, equities, structured products, hedge funds, etc.

Their asset preservation services also includes estate planning, financial planning and life insurance.

2. Credit solutions:

Bank of Singapore allows clients to leverage their portfolio to get financing in order to improve their liquidity.

The financing options provided includes: real estate financing, corporate financing, insurance premiums financing, portfolio financing, etc.

This is usually provided by OCBC Bank or other external parties.

3. Wealth planning:

Tailored wealth planning is said to be provided for Bank of Singapore's private clients. These services include: estate planning and legacy options, financial planning, family governance, philanthropic advisory and other trust services to ensure wealth preservation and transfer is carried out smoothly.

4. Sustainable investing:

Bank of Singapore helps private clients identify causes that they would like to align their legacy with, in order to drive change and help them plan and execute sustainable investment strategies and portfolios. They call this the ESG (environmental, social and governance) analysis.

Their website contains a lot of ESG investing insights and information for interested investors (we would recommend reading the expert verdict section of this review first).

5. Financial intermediaries:

Bank of Singapore has global teams that help private clients get the latest solutions. They claim to use this network of intermediaries to provide clients access to comprehensive wealth management products and services, credit solutions, wealth planning, trusts, publications and other services.

6. Digital services:

Bank of Singapore also has a secure online portal that allows investors to check their portfolios, bank statements and other important information at any time and on any device. These digital services allow clients to stay on top of market movements and trade easily.

NOTE: 

We would highly recommend reading the 'expert verdict' section of this review to make an informed financial decision.

Additionally, here's a free guide that can help you achieve better results. In this guide, you'll learn:

• Academic evidence only shared with a select few firms across the world
• A real-life example of why you should never try to outguess the market
• Why a fund's past performance is not enough to predict future returns
• Why you need to focus on what you can control and why this leads to a better investment experience
• Why you should accept the markets for what they are
• What can impact behaviour and make people seek instant gratification