About the Private Banking Industry Group
The Private Banking Industry Group (PBIG) comprises senior industry leaders and representatives from the private banking industry. It was re-constituted from the Private Banking Advisory Group in 2011, with the support of the Monetary Authority of Singapore (MAS) to further strengthen the competency and market conduct standards of the private banking industry in Singapore.
The PBIG is currently co-chaired by MAS and UBS AG. The PBIG Executive Committee comprises The Association of Banks in Singapore (ABS) and 14 banks (Bank Julius Baer, Bank Pictet & Cie, Bank of Singapore, BNP Paribas, Citibank, Credit Suisse, Deutsche Bank, DBS, HSBC, JP Morgan, LGT Bank Singapore, Standard Chartered Bank, UBS AG and UOB).