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Bank of Singapore, SMBC Trust Bank in partnership agreement

Bank of Singapore has inked a “first of its kind” partnership agreement with SMBC Trust Bank in Japan, a wholly-owned subsidiary of Sumimoto Mitsui Banking Corporation (SMBC), with the aim of bringing its global investment solutions to the Japanese lender’s domestic HNW client base. The partnership follows similar moves by rival private banks to tap onshore wealth markets where there…

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