Northern Trust in Asia-Pacific expansion

clock

SINGAPORE - Northern Trust has been granted a Wholesale Banking License from the Singaporean authorities, allowing the firm to expand its operations in the region.

The award was made by the Monetary Authority of Singapore (MAS) and allows the US firm to extend its existing privileges. Northern Trust currently operates under an Offshore Banking license in Sing...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Singapore

Aviva appoints Asia investment heads

ASIA - Aviva Investors has appointed Kevin Talbot as chief investment officer (CIO) of fixed income and Manish Singhai CIO of equities in Asia.

clock 02 February 2011 •

Taiwan fund appoints Russell as transition manager

TAIWAN - The Public Service Pension Fund (PSPF) has appointed Russell Investments as transition manager in what is thought to be the first mandate win of its kind in the country.

clock 31 January 2011 •

Singapore union seeks higher pension contributions

SINGAPORE - Singapore should consider asking companies to contribute more to employees' pensions as the nation's economy improves, said Lim Swee Say, secretary-general of the National Trades Union Congress.

Shamim Adam at Bloomberg News
clock 15 April 2010 •
Trustpilot