HSBC appoints new global head of wealth sales division
HSBC has appointed Patrick Boumalham to lead its global wealth sales, unit which is a part of the bank’s marketing arm, Reuters has reported. The appointed…
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SoftBank looking to divest asset manager Fortress after registering $23.4bn loss
Japanese conglomerate SoftBank is negotiating a deal to sell its asset management unit Fortress after it posted an overall…
Titan Wealth buys Haibun Wealth to expand wealth management business
Titan Wealth has purchased Haibun Wealth as part of its strategy to grow its wealth and asset management businesses.…
UAE’s DIFC opens new family business and private wealth centre
Dubai International Financial Centre (DIFC) has inaugurated a new centre to serve the ultra-high net worth individuals (UHNWIs) across…
Indian wealth-tech firm Scripbox buys Wealth Managers
India-based wealth-tech company Scripbox has bought wealth advisory firm Wealth Managers for an undisclosed sum. Based in Pune, India,…
Credit Suisse’s Brazilian subsidiary appoints new CEO
Credit Suisse Group’s Brazilian subsidiary has appointed Marcello Chilov as its new CEO, Reuters has reported. In January this…
NTAM launches ESG strategy for investors in EMEA and APAC region
Northern Trust Asset Management (NTAM) has extended the reach of its environmental, social and governance (ESG) scheme to the…
Credit Suisse may layoff thousands of employees globally to resurrect business
Beleaguered Swiss wealth manager Credit Suisse is deliberating an option to cut thousands of jobs across the globe to…
Apollo, Belstar partner to create private credit JV in Korea
American alternative asset manager Apollo has reached an agreement with Belstar Group to set up a joint venture (JV)…