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Goldman Sachs renames business units in transparency push

Finance

07 January, 2020

Goldman Sachs renames business units in transparency push

Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as ......

Why global wealth managers are ditching Hong Kong in favour of Singapore

Finance

01 July, 2019

Why global wealth managers are ditching Hong Kong in favour of Singapore

Some foreign wealth managers are scrapping plans to open offices in Hong Kong in favour of Singapore, as the rich ......

Deutsche Bank embarks on hiring spree for wealth management biz

Finance

01 July, 2019

Deutsche Bank embarks on hiring spree for wealth management biz

Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part ......

LGT to acquire controlling stake in WGC Wealth

Finance

27 June, 2019

LGT to acquire controlling stake in WGC Wealth

Private bank and asset manager LGT said on Thursday it has agreed to acquire a controlling stake in Validus Wealth, ......

HSBC plans to hire retail wealth managers with an eye on rich Indians

Finance

29 May, 2019

HSBC plans to hire retail wealth managers with an eye on rich Indians

HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, ......

Asian billionaires develop taste for boutique wealth managers

Finance

27 May, 2019

Asian billionaires develop taste for boutique wealth managers

Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring ......

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ABans Wealth to float two alternative investment funds

Finance

09 April, 2019

ABans Wealth to float two alternative investment funds

ABans Wealth and Investment Managers, part of the Mumbai-based ABans Group, is set to launch two alternative investment funds targeting ......

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

TMT

09 January, 2019

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

Online mutual funds platform Orowealth has acquired wealth management app WealthTrust for an undisclosed amount. The two companies, which are both ......

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Anand Rathi Wealth's proposal to go public hits a snag

Finance

03 December, 2018

Anand Rathi Wealth's proposal to go public hits a snag

Financial services company Anand Rathi Group’s plan to list its wealth management arm has hit a temporary roadblock. The Securities and ......

IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn

Finance

16 October, 2018

IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn

IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings, will acquire Chennai-based wealth management company Wealth Advisors ......