UOB's wholly owned subsidiary UOB Bullion and Futures has entered into an agreement with financial services firm INTL FCStone to sell its futures and options, brokerage and clearing business for US$5 million, with a view to winding down the business following a review.
In statements issued on Tuesday separately to the Singapore Exchange and to the media, UOB and INTL FCStone said respectively that the asset purchase agreement through the latter's Singapore subsidiary hinges on the Monetary Authority of Singapore giving the green light. Deputy chief executive, Asia, of INTL FCStone, Greg Kallinikos said:"Adding such a well-established, Asian-focused futures and options brokerage and clearing business to the INTL FCStone group gives us critical mass in our regional capabilities, provides us access to a solid and reputable client base, and enhances our global product offering out of Singapore.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »