Malaysian wealth management app Versa secures eight-figure funding
Versa, a provider of digital wealth management services in Malaysia, has received an eight-figure investment from local as well as…
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Kenanga Bank, Ant Group to debut crypto-backed wealth SuperApp in Malaysia
Malaysia-based Kenanga Investment Bank has entered into an agreement with Ant Group to introduce a SuperApp based on cryptocurrency applications…
Malaysia’s AMMB mulling to divest asset management arm AmInvest
Malaysia-based financial services company AMMB is contemplating an option to offload its asset management arm, AmInvest, which estimated to be…
CVC Capital to buy controlling stake in Affin Hwang AM
Private equity firm CVC Capital Partners has agreed to purchase a controlling interest in Affin Hwang Asset Management Berhad (Affin…
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Fund manager MCM expands into Malaysia and Singapore
US-based fund management firm MCM has forayed into two new countries further expanding its global footprint. The New Jersey-headquartered firm…
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Malaysia’s 1MDB sues JPMorgan, Deutsche over $23bn loss
Malaysia’s 1MDB, which recovered more than $3bn from firms including Goldman Sachs, has reportedly pressed charges against firms including JPMorgan…
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Envysion Wealth Management forays into Malaysia with Bill Morrisons tie-up
Singapore-based multi-family office Envysion Wealth Management has reportedly made its entry into Malaysia through a partnership with Malaysia-based integrated financial…
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Malaysia’s Kenanga Investment Bank snaps up i-VCAP Management
Malaysia-based Kenanga Investment Bank has brokered a deal to acquire Shariah-compliant investment management services provider i-VCAP Management, which specialises in…
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