The European financial giant is expanding relentlessly, and its next target is
Allianz Global Investors will acquire the Singapore United Overseas Bank asset management division for $433 million, or $555 million in Singapore dollars, further strengthening its presence in Southeast Asia, according to Bloomberg.

Allianz Global Investors acquires the Singapore United Overseas Bank asset management division for $433 million, or $555 million in Singapore dollars, further strengthening its presence in Southeast Asia, according to Bloomberg.


