Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
SG Reportedly Partners with JPM/ UBS to Become Regional Gold Hub
Recommend 2 Positive 1 Negative 1 |
||||
|
||||
|
Singapore is striving to become a regional gold hub, Bloomberg quoted sources as saying. The Monetary Authority of Singapore (MAS) has held discussions with several banks over the past few months to assess Singapore's potential as a physical trading center. It is reported that the world's two largest gold market makers, UBS and JPMorgan, as well as the clearing bank of the London gold market, ICBC Standard Bank, are involved. Other banks include DBS Group, United Overseas Bank (UOB) and OCBC Bank. Singapore hopes to become a trade and warehousing center, but all plans are still in the early stages, sources added. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
