Julius Baer & SCB venture obtains licence to tap Thai wealth

SCB Julius Baer, joint venture of Siam Commercial Bank (SCB) and Julius Baer, has received the necessary licences in Thailand for its formal operations, beginning with over 50 professionals. The joint venture will focus on bringing global wealth management capabilities to clients in the growing Thai wealth management market. SCB Julius Baer will deliver the most relevant and impactful advice and solutions to the growing high net worth and ultra high net worth clientele in Thailand. It combines...