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.
The value of global financial wealth is falling for the first time in 15 years
Global financial assets declined the most in almost a decade last year, but the positive aspect is that it will be a passing trend, with Boston Consulting Group (BCG) expecting a 5% increase to $267trn in 2023.
Odey Asset Management dissolves two hedge funds
Odey Asset Management has stopped two additional funds, including its flagship hedge fund, after receiving several redemption requests from investors who had left the company, as a result of Crispin Odey’s alleged sexual assaults.
Benchmark appoints the former CEO of Sandringham
Tim Sargisson has been named the managing director, financial planning by Benchmark, pending FCA approval.
Bybit gains licence in Cyprus
Bybit announces that it has been granted a licence to run a crypto exchange and offer custody services in Cyprus.
Evelyn Partners sustainable MPS team raises exposure
Evelyn Partners Sustainable Managed Portfolio Service (MPS) team has rebalanced its portfolios, increasing its involvement with global, UK, Asian, and emerging market equities funds.
FINRA fines Credit Suisse’s US subsidiary
Credit Suisse was hit with a reprimand and a $900,000 fine by the Financial Industry Regulatory Authority (FINRA) for filing more than 9,000 late trades and hundreds of thousands of incorrect TRACE reports.
Fairstone hires a CFO and bolsters its financial staff
Simon Wilson has been appointed as the chief financial officer (CFO) at Fairstone, one of the UK’s fastest-growing financial advisory companies.
Deutsche Bank employs Credit Suisse dealmaker
In an effort to bolster its workforce and reclaim market share from Wall Street rivals, Deutsche Bank AG hires Joe Lai from Credit Suisse Group AG.
World Bank Group to focus more on the private sector
In an effort to create and quickly scale solutions that address the constraints preventing private sector investment in emerging nations, the World Bank Group has established the Private Sector Investment Lab.