Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1641)
1641.
Indian Wealth management company, Edelweiss and this bank signed an MoU to access each other product platforms, recently.
Bank of Singapore
Asian Development Bank
Bank of America
World Bank
Answer: Option
Explanation:
A memorandum of understanding (MoU) has been signed between Edelweiss and Bank of Singapore in order to form a strategic partnership. The MoU will provide an opportunity to clients of both entities to access each other product platforms.Edelweiss became the first Indian Wealth management company to sign an MoU with offshore private bank (Bank of Singapore).Bank of Singapore has signed similar MoU with financial companies from Switzerland and Japan.
Discussion:
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