Standard Chartered has re-entered Hong Kong’s MPF market with the acquisition of RBC Investor Services Trust. Photo: Shutterstock
Standard Chartered eyes Hong Kong retirement market with RBC acquisition
  • RBC, an indirect subsidiary of Royal Bank of Canada, is one of the 13 MPF trustees that manage pension funds in the city
  • Standard Chartered sold its MPF businesses to Manulife in 2015, but bank executive points out that the new acquisition is different from what it had sold
12 Jan 2022 - 6:47PM