In a move which is concordant with Italian insurer Generali’s goal to shed all non-strategic businesses, up-for-sale BSI Bank–owned by Assicurazioni Generali SpA–has announced that it has offloaded its Singapore trust business to an independent trust company. Vistra will acquire all BSI Trust Singapore’s services and existing business by the end of January 2013 for an undisclosed amount, while the trust company…
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