India’s mutual fund association asks AMCs employees to return to office
The Association of Mutual Funds in India (AMFI) has directed all asset management companies (AMCs) to withdraw work from home…
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HSBC plans hiring spree in China wealth management unit
HSBC’s Global Private Banking unit is set to hire about 100 new employees in China this year as the bank…
Global mutual fund investors may offload $350bn worth of equities in 2022
Barclays estimates that global mutual funds investors may offload equities worth a further $350bn this year, unless fear of recession…
Top 25 global banks witness revenue and profitability growth bouncing back in 2021, says GlobalData
The year-on-year (y-o-y) average growth rate of total assets of the top 25 global banks stood at 7.5% last year,…
Sumitomo Mitsui Trust to set up digital asset custody unit
Sumitomo Mitsui Trust Holdings is planning to set up a trust company to manage digital assets for institutional investors, reported…
HDFC Securities launches robo-advisory platform
Broking house HDFC Securities has launched a robo-advisory platform that will offer investors mutual fund schemes and other financial offerings.…
Triad Partners, Riskalyze to enhance support for financial advisers
Triad Partners, which provides custom, digital-first marketing campaigns for US financial advisors, has signed an enterprise-wide agreement with wealth management…
Temenos launches sustainable investing solution for banks and wealth managers
Software firm Temenos has launched ESG Investing-as-a-service to help banks and wealth managers cater to the increasing demand for sustainable investing.…