BNY adds Singapore Gulf Bank to correspondent banking network, fixed income brokerage platform

Reuters04-07 16:00
BNY adds Singapore Gulf Bank to correspondent banking network, fixed income brokerage platform
  • BNY partnered with Singapore Gulf Bank to add it to BNY correspondent banking network.
  • Relationship gives Singapore Gulf Bank access to BNY U.S. dollar clearing to support real-time, 24/7 settlement for global corporate clients.
  • Singapore Gulf Bank also onboarded to BNY Fixed Income Brokerage platform to trade money market funds and U.S. Treasury bills.
  • Move expands access to U.S. government securities for Singapore Gulf Bank crypto-native clients seeking to shift capital from digital assets into traditional fixed income.


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