All articles by Satarupa Bhowmik
Satarupa Bhowmik
Trading app Robinhood to shed 10% of staff
Tenev described the retrenchment exercise as a “difficult decision”, explaining it intends to “maximise” talent density.
DBS brings tokenised physical gold to the mass market in Singapore
The offering is scheduled to debut on DBS digibank for retail investors in the second half of 2026.
India eliminates capital gains tax on FII bond investments
The tax exemption will apply retrospectively from 1 April 2026, the ministry of finance said in a statement.
AI boom adds nearly 2 million millionaires worldwide in 2025: Study
Robust equity markets and easing inflation powered the rise, lifting the global millionaire population to 25.3 million.
Morgan Stanley to plug stock-plan platforms with external AI agents – report
The bank offered early access to a small group of clients and plans to roll it out to all 3,400 administration clients next year.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
UOB Private Bank names Paul Zhou as Greater China market head
During his tenure at UOB China, Zhou was responsible for Wealth Management and Secured Lending sales teams.
Barclays introduces new planning and advice service
The offering is targeted at individuals with a minimum of £150,000 ($203,850.75) to invest.
Gautam Anand to lead HSBC global India private banking unit
Anand will manage coverage across India and major international hubs, including Dubai, Hong Kong, Singapore, and the UK.
Lumin Wealth buys London-based Gresham Financial Strategies
The acquisition adds over £140m ($189.7m) in assets under management (AuM) to Lumin’s books.
Middle East tensions spark £2.2bn outflows at Schroders in Q1 2026
Group assets under management fell to £814.4bn at the end of March, down from £823.7bn at year-end 2025.