Singapore's DBS Bank joins the New York Bank Agent Bank Network and Fixed Income Brokerage Platform

金色财经_ · 2026-04-07T08:27:16+00:00

Singapore Gulf Bank establishes a partnership with a New York bank, joining the agent bank network to enhance US dollar clearing services. This move allows SGB clients to invest in U.S. Treasury bonds and money market funds through the fixed income brokerage platform, expanding their capital allocation options.

金色财经_

2026-04-07 08:27:16

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Golden Finance reports that on April 7, the licensed bank Singapore Gulf Bank (SGB), supported by the Huangpu Group and Mumtalakat, today announced a partnership with Bank of New York, joining its correspondent banking network and connecting to its fixed-income brokerage platform.
By joining Bank of New York’s correspondent banking network, SGB has added a leading U.S. dollar clearing service provider to its continually expanding correspondent banking and payments infrastructure network. This collaboration will enhance SGB’s ability to provide global businesses with 24/7 real-time settlement services.
In addition, Bank of New York’s fixed-income brokerage platform now supports trading of money market funds and U.S. Treasury securities, enabling SGB’s crypto-native clients to invest in U.S. government bonds through these funds/tools. This expansion of SGB’s product lineup gives customers more options to move capital from digital-asset allocation to traditional fixed income.

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