02 Jul '13, 12am

UBS Starts Gold-Vault Service in Singapore Amid Bullion Rout

UBS Starts Gold-Vault Service in Singapore Amid Bullion Rout

UBS AG (UBSN) , Switzerland’s biggest bank, started storing gold for wealth-management clients at a facility in Singapore, citing interest from investors in the region even after the metal slumped into a bear market . The leased vault in the Singapore FreePort is available for clients in the city-state and Hong Kong , according to Peter Kok, regional market manager for wealth management in Singapore and Malaysia. While bullion is heading for the first annual drop in 13 years, client interest persists, Kok said. UBS joins Deutsche Bank AG and JPMorgan Chase & Co. in offering storage services in Asia , where China may surpass India as the largest user this year. Bullion fell to a 34-month low on June 28 in a rout that’s erased $66 billion from the value of investor holdings. Goldman Sachs Group Inc. forecasts further declines as the U.S. Federal Reserve may withdraw stimulus...

Full article: http://www.bloomberg.com/news/2013-07-01/ubs-starts-gold-...

Tweets

24K GOLD.

solestruck.com 01 Jul '13, 4pm

FREE FedEx Ground shipping for all US and Canada orders. FedEx Express 2-Day Shipping for US orders: $9.99. FedEx Express ...

Daily Blog Read "Bringing a baby into the world...

proudduck.com 03 Jul '13, 2am

I’m wearing a striped maternity dress by 9months and ikat print jacket from Noona, at FV . Bringing a baby into the world ...

Find out about our NEW Service 28 starting 6 July.

Find out about our NEW Service 28 starting 6 July.

lothianbuses.com 02 Jul '13, 1pm

Introducing the NEW Service 28 from 6 July If you’re thinking of visiting the Royal Botanic Garden Edinburgh or the Nation...

Singapore Starts Cleanup of Oil Spill After Shi...

bloomberg.com 02 Jul '13, 5am

Singapore deployed anti-pollution craft and patrol vessels to clean up an oil spill caused by the collision of two bulk ca...

DBS Bank NEW Visa Money Wiring Service with fees as low as $2.50 #singapore #dbs #visa #moneywiring

DBS Bank NEW Visa Money Wiring Service with fee...

singapore-promotions.com 02 Jul '13, 5am

Send money online to your loved one’s overseas Visa Card. A fast way to transfer money to an overseas Visa Debit or Credit...

New Blog Post - my new pet!

New Blog Post - my new pet!

nicolekiss.blogspot.com 03 Jul '13, 6am

I've always had commitment issues when it comes to personally owning a pet,. So far the pets I have owned have been taken ...

Blog post: Service in Singapore is bad...or is it?

justinlee.sg 13 Jul '13, 8am

I personally feel service in Singapore is good, some places are lacking but other establishments far exceeds expectations....

Report: 2014 Chevy Volt starts production July 15, offers dark new colors

Report: 2014 Chevy Volt starts production July ...

green.autoblog.com 02 Jul '13, 6pm

Electric Francophiles looking to continue their July 14 Bastille Day festivities might be comforted to know that the party...