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Asia’s rich look to property in London, Standard Chartered says

Posted on 20 May 2011

Asian private banking clients are investing in property in developed markets including London to curtail risks, according to Standard Chartered Plc (STAN), the U.K. lender that makes most of its profit in the region.
“We’re seeing quite a flow into the U.K., into prime property in London, both commercial and residential,” the bank’s global head of private banking, Shayne Nelson, said……………………………………….Full Article: Source


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