GIC and Massachusetts Mutual Life Insurance Company (MassMutual) will increase their shareholding in the UK's largest specialist annuity provider Rothesay Life, by acquiring a 36 per cent interest from Blackstone.
BANK lending in Singapore in August fell for the sixth straight session over the month, preliminary data from the Monetary Authority of Singapore showed on Wednesday. This was largely driven by weaker business lending.
TOTAL assets managed by Singapore-based asset managers grew 15.7 per cent to hit S$4 trillion in 2019, compared with a jump of 5.4 per cent previously, in line with the global trend driven by strong market performance and net inflows from investors.
TEMASEK Financial (I) Limited (TFin-I) has issued below par a US$2.75 billion three-tranche deal of guaranteed bonds, which include a record 50-year tenor.
A 50-YEAR bond - the longest tenor by Temasek Holdings - is being marketed by the state investment firm's wholly owned subsidiary, Temasek Financial (I) Limited (TFin-I).
GOLDMAN Sachs on Tuesday announced that it will build an electronic foreign exchange (FX) pricing engine in Singapore to deliver low-latency execution for its clients.
A COUNCIL set up to review the MediShield Life insurance plan has proposed a number of enhancements to ensure that a greater proportion of subsidised bills are covered.
