Malaysia
Farringdon gets asset management licence for Singapore
Farringdon Asset Management, part of the Malaysia-based Farringdon Group, has received a licence to operate in Singapore where it will focus on focus on providing expat clients with discretionary portfolio management services.
Two ex-BSI bankers in Singapore charged in 1MDB probe
Two former bankers for Switzerland’s BSI Bank have been charged by the Singapore police as part of their investigation into 1Malaysia Development Bhd (1MDB).
Allianz secures distribution rights with Malaysia’s Maybank
German insurer Allianz has signed a 10-year distribution deal with Malaysia’s Maybank to sell its life products from its retail branches in Indonesia.
Malaysian insurers to target Europe in Islamic finance push
Malaysia’s Islamic insurers are considering a move into Europe by targeting the continent’s growing Muslim population, an expert in Islamic finance has said.
Malaysia’s retail unit trust sector gets a boost
Malaysia’s Securities Commission (SC) is shortening the time it takes to get non-complex retail unit trusts to market.