All articles by Anika Sidhika

Anika Sidhika

Anika is a finance reporter with a degree in journalism, bringing a rich blend of experience in writing, social media, and broadcasting, thanks to her creative background. Her versatile writing style allows her to craft content that both informs and engages readers.

Schroders named manager of International Biotechnology Trust

The board of the International Biotechnology Trust (IBT) has chosen Schroder Unit Trusts as its investment manager and alternative investment fund manager.

HSBC employs head of global private banking for South Asia

Tommy Leung has been appointed by HSBC as head of global private banking, South Asia, with effect from October 19, 2023.

Nomura to expand private banking workforce by 40

In order to reach a rising pool of wealthy families and business owners in the areas, Nomura Holdings wants to add more than 40 private bankers in Asia and the Middle East in two years.

Citi Global Wealth introduces the ULTIMA credit card

Citi Global Wealth has launched the ULTIMA Mastercard credit card, which targets Citi Private Bank customers throughout Asia, including Hong Kong and Singapore, two of Citi’s four global wealth hubs.

UBS to shut down Credit Suisse’s Houston office

Houston’s Credit Suisse Group office will close as part of UBS Group’s emergency acquisition of the bank.

Saltus Wealth Index shows HNWIs fail to plan for inheritance tax

The third Saltus Wealth Index shows that more than a quarter of high-net-worth individuals do not have procedures in place to handle inheritance tax (IHT) or boost the tax-free assets that they plan to pass on.

KNG Securities appoints head of equities

Gary Ballard has been hired as the new head of equities at KNG Securities, an investment banking boutique.

Mercer Advisors purchases Steward Wealth Management

A nationwide Registered Investment Adviser (RIA), Mercer Global Advisors, announced the acquisition of Steward Wealth Management.

Hightower supports Fairport Wealth’s fifth sub-acquisition

Hightower has announced a merger for Fairport Wealth, a Hightower advisory firm located in Cleveland, Ohio.

Three wealth management firms join Prospera Financial Services

Three wealth management companies with combined assets under management (AuM) of $539m have joined Prospera Financial Services.