Cyprus fallout set to benefit Asia's wealth hubs

Apr 17, 2013

The tiny island’s banking crisis will inevitably drive high-net-worth money to the exits, with Singapore in particular among those well placed to fill the gap, writes Scorpio Partnership.

Cyprus fallout set to benefit Asia's wealth hubs

While Cyprus’s banks were closed, the focus of column inches was on the economic fallout of the banking crisis in the Mediterranean island republic and the proposed terms of an EU bailout.

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