Swiss wealth manager UBS has set up a new desk to meet the growing needs of foreign residents in Singapore.

In response to the increasing demand for international banking across locations for foreigners residing in Singapore, UBS Wealth Management has established a new service to provide what the bank calls specialized financial services.

The Swiss bank said the new resident foreigner team consists of experienced international bankers dedicated to this segment of the Singapore community.

Cultural Synergies

The team will offer financial solutions tailored to the needs and preferences of foreign residents in Singapore.

The team is headed by Sean Straton, who was previously Indonesian team leader at Credit Suisse. He will report to Singapore market head Eddie Gan.