Lombard International launches brokerage operations in Singapore
LOMBARD International, a global wealth-structuring firm for high net worth investors, said on Monday the Monetary Authority of Singapore has approved the financial adviser's licence for its Singapore subsidiary, Lombard International Singapore.
The approval of the licence extends Lombard International's brokerage capabilities in the region, as this new unit complements its Hong Kong brokerage office, which launched earlier this year.
Both subsidiaries will serve local market needs and act as gateways for future expansion opportunities across Asia, it said.
The Lombard International Singapore office is located at Asia Square Tower One. Lombard International has regional headquarters in Philadelphia and Luxembourg, and is owned by funds managed by Blackstone.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Hong Kong bourse operator’s Q1 profit down 13% on weaker listings, trading
PBOC steps up rhetoric against long-end government bond rally
Private credit is disrupting Hong Kong bankers’ cosy lives
Thai central bank says holding key rate steady creates ‘policy optionality’
China’s Noah to hire 50 to 100 wealth managers in Hong Kong, Singapore
Australian inflation boosts case for higher-for-longer rates