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EFG aims to calm client nerves by speeding up BSI Singapore integration

EFG International is fast-tracking its integration with BSI’s business in Singapore in what the Swiss bank calls an “accelerated asset deal”, with November 2016 earmarked as the deadline date, according to EFG’s latest media release. The revised plan was put in play following the Monetary Authority of Singapore’s (MAS) decision to revoke BSI Singapore’s banking licence on 24 May 2016. MAS…

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