Malaysia's new single-family office (SFO) scheme appears to be gaining traction, with wealthy families actively pursuing opportunities to establish operations in the country, according to the Securities Commission of Malaysia (SCM).
Malaysia's new single-family office (SFO) scheme appears to be gaining traction, with wealthy families actively pursuing opportunities to establish operations in the country, according to the Securities Commission of Malaysia (SCM).
The private banking arm of RBS has established the Coutts Institute in Singapore and named Roger Low as head. It has also hired new heads of strategy and change for Asia.
The firm appoints Richard Straus to run its family office for North Asia as part of a global drive, and names Steven Lo as Hong Kong head and hires John Wang from Goldman to run Taiwan.