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BNPP WM sells Singapore trust business to ZEDRA

Independent trust group ZEDRA has purchased BNP Paribas Singapore Trust Corporation Limited — BNP Paribas Wealth Management’s Singaporean trust business — for an undisclosed amount, the firms announced today. As a result of the acquisition, BNP Paribas Singapore Trust Corporation’s staff and clients will fold into ZEDRA’s Singapore office. ZEDRA’s Singapore headcount will total 30, while its global headcount will…

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