How Many Family Offices Have Been Set Up in Singapore?

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

More and more Chinese are setting up family investment offices in the Southeast Asian city state. The FT's Mercedes-Roules has been reporting on this and joins us now to talk more. Dan McCrum: It seems highly likely that Marcus Brown will be convicted of something, but whether they can pin the whole thing on him is very interesting to see.

US regulators settled a record breaking case against the maker of video game Fortnite, a former Wirecard executive told a Munich court that the collapsed German payments company was a “sloppily done fraud”, and a boom in mainland Chinese family offices setting up in Singapore is drawing in thousands of financial professionals.

Mentioned in this podcast:

Epic Games pays FTC $520mn to resolve ‘Fortnite’ claims

Wirecard was ‘sloppily done fraud’, chief witness tells Munich court

Booming Chinese family offices recruit top bankers in Singapore

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.