RIDING THE WAVE OF CHANGE

Dear Valued Client,

'The only constant in life is change.' This is an issue of change and many firsts for UOB Privilege Banking. Like a seasoned wind surfer, we do what we do best to ride the wave of change and harness the opportunities in sight.

As Asia grows, UOB Privilege Banking is well-aligned with UOB’s vision to be a premier bank in the Asia-Pacific region. Underpinned by Singapore’s success story, we are set to capture more high net worth investors from the region with our new Marina Bay Sands (MBS) UOB Privilege Banking Centre. The UOB Privilege Banking Centre at MBS features an art gallery concept and differentiated service. Coinciding with UOB’s 75^th Anniversary, the centre marks the Bank’s mission to leverage its strong local foothold to aggressively reach out to an increasing number of offshore clients in Asia.

Just as the world seemed to be seeing light after climbing out of a painful recession, the Eurozone debt problem struck and the EUR750 billion bailout package came as a stark reminder of how fragile the recovery could be. No one knows if we have seen the worst and we question if the Europe bailout is sustainable.

To provide greater direction in the investment arena, we hosted our inaugural investment forum 'Investing During Volatile Times'. The forum was a resounding success with a strong turnout of 240 Privilege Banking clients at The Fullerton Ballroom. Our distinguished panel of speakers for the night included experts from various fund houses who, together with our Head of Investment Advisory Mr Abel Lim, shared their thoughts on current market trends and offered invaluable ideas on riding out the volatility in the markets. What do these experts have to say? For those who missed it, the webcast of the forum is available on the UOB Privilege Banking website for your viewing pleasure.

Other exciting roll-outs in this issue include our new Client Referral Programme. Sharing has certainly become more rewarding with UOB Privilege Banking. Refer your friends to us and enjoy a luxurious stay at Marina Bay Sands, with our compliments.

With all these exciting changes packed in the UOB Privilege Times, we wish you great reading pleasure. Enjoy riding the wave of change and harnessing greater opportunities.

Yours sincerely

Mr James Phoen
Head, UOB Privilege Banking International
Personal Financial Services

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