The new Singapore banking license will strengthen the privileged relationships that Lombard Odier Darier Hentsch has maintained with Asia for decades. The Singapore office will be aimed primarily at private clients in the region. It will be headed up by Philippe Sidler, who has comprehensive knowledge of Lombard Odier Darier Hentsch and considerable experience in private banking.

Mr Sidler said: We are especially pleased to have obtained this license in a region that has strong wealth growth and offers numerous investment opportunities to our clients.