SINGAPORE -- Over five days in Hong Kong, children of the cream of the crop of Singapore lender United Overseas Bank's clients networked with prominent enterprises in the Chinese-ruled city, such as Porsche sports car distributor Jebsen Motors.
Participants at a finance boot camp for scions of wealthy clients of OCBC Bank of Singapore attend a panel discussion at Singapore Management University. Singaporean banks UOB, DBS and OCBC are running more of these programs, with Chinese families being increasingly targeted. (Photo by OCBC)
ASEAN Money
Singapore's private banks use finance boot camps to target wealthy Chinese scions
City-state's lenders see heirs of family fortunes as key potential market
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