Breaking News

You are here » Indian-Commodity  :  Corporate  :  Edelweiss Group, Bank of Singapore ink MoU to form strategic partnership

14-Feb2019

Edelweiss Group, Bank of Singapore ink MoU to form strategic partnership

Edelweiss Financial Services' parent company -- Edelweiss Group and Bank of Singapore, a leading Asian Private Bank, have signed a Memorandum of Understanding (MoU) to form a strategic partnership to provide clients of both entities the opportunity to access their respective product platforms - Bank of Singapore's wide range of global investment solutions offered through its open‐architecture platform and Edelweiss's robust wealth solutions and investment opportunities in India.

This partnership will allow Bank of Singapore to significantly raise its profile in one of Asia's fastest growing wealth markets through one of India's largest industry players. India's total personal wealth is expected to top $5 trillion by 2022 according to Boston Consulting Group. 

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.


Related News

View all news

Gujarat Petrosynthese to invest surplus funds in mutual funds, bonds, securities, shares

Gujarat Petrosynthese has received an approval to invest surplus funds in mutual funds, bonds, securities, shares, inter corporate deposits etc. to optimize its returns. The Board of Directors of the Company......

Reliance's Retail Unit delivers record-breaking performance in revenue, profits during FY19

Reliance Industries' Retail Unit--Reliance Retail has delivered a record-breaking performance in revenue and profits growth for the year 2018-19. Segment Revenue for FY19 grew by 88.7% Y-o-Y to Rs 130,566......

Tata Sponge Iron reports 48% fall in Q4 consolidated net profit

Tata Sponge Iron has reported results for fourth quarter and year ended March 31, 2019.The company has reported a fall of 47.82% in its net profit at Rs 24.37 crore for the quarter under review as compared......

Top News

View all news

Bank of Baroda's board to consider issuance of equity shares of Rs 5,042 crore to Govt

Bank of Baroda's board is going to consider issuance of equity shares of Rs 5,042 crore to Government of India on a Preferential Basis. The meeting of the Board of Directors of the Bank is scheduled to......

Gujarat Petrosynthese to invest surplus funds in mutual funds, bonds, securities, shares

Gujarat Petrosynthese has received an approval to invest surplus funds in mutual funds, bonds, securities, shares, inter corporate deposits etc. to optimize its returns. The Board of Directors of the Company......

Reliance's Retail Unit delivers record-breaking performance in revenue, profits during FY19

Reliance Industries' Retail Unit--Reliance Retail has delivered a record-breaking performance in revenue and profits growth for the year 2018-19. Segment Revenue for FY19 grew by 88.7% Y-o-Y to Rs 130,566......