Bank of Singapore inks MOU with SMBC Trust Bank

Singapore

BANK of Singapore (BOS) has signed a memorandum of understanding (MOU) with SMBC Trust Bank with the aim of providing clients of the Japanese bank with a wide range of global investment opportunities to diversify their portfolios.

SMBC Trust Bank is a wholly owned unit of Sumitomo Mitsui Banking Corp - Japan's second-largest bank by assets. It offers a wide variety of services, with private banking services at its core, BOS said.