Bermuda, UOB form transfer agency JV

Jun 10, 2003

Asia Fund Services will initially cover Singapore but Bank of Bermuda may consolidate its regional TA business into it.

Bermuda Trust, a wholly owned subsidiary of Bank of Bermuda, and United Overseas Bank (UOB) have formed a joint venture company, Asia Fund Services, to handle transfer agency services for fund managers in Singapore - and ultimately the rest of Asia.

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