Peter Nesvold’s new merchant bank invests in Stratos
Investment banker Peter Nesvold’s new merchant bank has picked a minority stake in Stratos Wealth Holdings as its first investment.…
Month: September 2020
Citi to establish largest wealth hub in Singapore later in 2020
Citi is set to launch its largest wealth advisory hub in Singapore to serve its Citigold and Citigold Private Client…
GIC & MassMutual to acquire Blackstone’s shareholding in Rothesay Life
Blackstone have sold their 36% share in Rothesay Life to MassMutual and GIC for £2.1bn ($2.69bn). The transaction, which values…
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Man AHL obtains clearance for QFII licence in China
Man AHL, the quant investment arm of London-based hedge fund manager Man Group, has secured the green light for a qualified foreign institutional investor…
Goldman Sachs reshuffles various business lines
American investment bank Goldman Sachs is restructuring its business lines, resulting in changes in its leadership ranks. The bank’s merchant…
Charles Taylor Investment Management selects Bloomberg for workflow
Charles Taylor Investment Management (CTIM) has adopted the asset & investment manager (AIM) and PORT Enterprise solutions from Bloomberg. The…
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Brown Brothers Harriman joins the UN-backed PRI
Brown Brothers Harriman & Co (BBH) has joined the Principles for Responsible Investment (PRI) and the United Nations Global Compact.…
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Credit Suisse to shrink workforce in Middle East
Swiss investment bank Credit Suisse is reportedly making nearly 20 jobs redundant in the Middle East, with a focus on…