Hutchison to launch ports business trust in Singapore and raise up to US$6 billion - is this the start of a wave of infrastructure business trusts?Jake Robson
business.Incomefrom a Massachusetts trust may be taxed more favorably than other income. The term derives from the first such trust, which was formed in Massachusetts in the late 19th century to avoid localreal estateregulation. It is also called a business trust or an unincorporated business ...
The Bank of New York (BoNY) has completed its acquisition of JPMorgan ChaseÆs corporate trust franchise, giving it access to both domestic and cross-border elements of the business and adding a significant headcount in Asia. The transaction, which was first announced in April, will strengthen...
BNP Paribas Wealth Management’s trust business in Singapore serves the growing Asian ultra-high net worth and high net worth markets, with clients typically being families and entrepreneurs, making this latest deal an ideal fit for the ZEDRA group. Announcing the acquisition, Ivo Hemelraad, CEO ...
The modern, statutory business trust is an increasingly important business vehicle in both the United States and around the world; it remains, however, woefully understudied. In particular, hardly any comparative legal research on business trusts exists. This Article seeks to fill such a void by ...
We needed a local organization that could assist us with our company secretarial obligations in Singapore, as we did not have local legal representation. The Company has been very helpful with timely assistance and advice whenever we ... Read More Paul Parsons Senior Legal Advisor (APAC) of...
a family business. The settlor must also appoint atrusteewho will administer thetrustin favor of the beneficiaries.Singapore trustscan befixed or discretionaryand can last up to 100 years. Why create a trust fund in Singapore in 2024?
Our team provides a full range of trust, corporate and fund administration services, and is licensed and regulated by the Monetary Authority of Singapore.
“Increasingly, we are seeing more high net worth clients and companies looking to set up trust structures in Singapore due to the strong rule of law, political stability and competitive business environment. There is definitely a huge potential in the market.” ...
business (Credit Suisse Trust, CST), while CST entities will continue to operate with a limited number of clients. Under separate agreements, Butterfield will acquire CST’s businesses based in Guernsey, Singapore, and The Bahamas, while Gasser Partner will acquire CST’s Liechtenstein business. ...