Market Chatter: JPMorgan Chase, UBS Held Talks With Singapore Over Regional Gold Trading Hub Plans
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JPMorgan Chase and UBS have held discussions with the Monetary Authority of Singapore regarding the country's potential as a regional gold trading hub. The talks, which also involved ICBC Standard Bank, DBS Group, United Overseas Bank, and Oversea-Chinese Banking, are in the early stages and subject to change. No immediate comments were received from the involved parties.
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