Major South Korean bank to launch asset manager in Singapore

clock • 1 min read
Major South Korean bank to launch asset manager in Singapore

Major South Korean headquartered bank Hana Financial Group has gained a preliminary license from Singapore's financial authority to open an asset management company in the sovereign island city-state. The Monetary Authority of Singapore granted the partial approval on 11 June but media reports said it had not notified Hana Financial when a final business license will be issued. Hana Financial's move into the Singapore market is part of the group's bid to grow overseas earnings from 21...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login