Singapore
Bank of Singapore to open Luxembourg wealth manager
The private banking arm of OCBC Bank has received regulatory approval to launch a wealth management subsidiary in Luxembourg.
Dimensional in aggressive Asia fund push
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore (MAS) for nine funds to be sold in the Lion City, according to records from the regulator.
Schroders takes stake in Singapore digital adviser
Asset management firm Schroders has taken a minority equity stake in WeInvest, a Singapore based digital wealth adviser.
Japan’s rich targeted in offshore joint venture
Bank of Singapore and Japan-based SMBC Trust Bank have said they will partner to serve Japanese high net worth clients seeking offshore investments.
Six Singapore advisers banned for mis-selling
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.