01/07/2022
iFast to acquire 85% stake in UK-incorporated BFC Bank for £40m
The acquisition, which will enable the group to add a digital bank to its fintech ecosystem, is part of iFast's 5-year plan to have a global business model.
01/07/2022
The acquisition, which will enable the group to add a digital bank to its fintech ecosystem, is part of iFast's 5-year plan to have a global business model.
01/06/2022
China Huarong resumes trading after a nine-month suspension
01/06/2022
More than 800,000 individuals have reportedly bought such products – lured by attractive yields that reach 12 percent alongside gifts such as Dyson air purifiers and Gucci bags – that have raised more than 100 billion yuan in the past five yea
01/06/2022
Sygnum’s Series B is led by Sun Hung Kai & Co. Limited, a leading Hong Kong listed alternative investment financial services institution
01/06/2022
Bank raised $1.9 billion for alternative investments in Asia
01/05/2022
Deutsche Bank plans to take a majority stake in the wealth management joint venture with Postal Savings Bank of China, though discussions remain underway with no agreements concluded.
01/05/2022
This follows a recently published report by China International Capital Corporation (CICC) that said net inflows of northbound capital into Shanghai and Shenzhen-listed stocks reached a record of 417.5 billion yuan (US$65.5 billion) as of December 23, nea
01/03/2022
Under the revised plan for the wealth management products, all interest payments will be paused from today.
01/02/2022
The majority of incremental market growth in future will go to 'WealthTech' enterprises with a 'phygital' (physical + digital) model that goes beyond traditional firms, say experts.
12/29/2021
PrivateMarketsCo managed approximately A$50 billion real estate and infrastructure assets as of June 2021.
12/28/2021
Wealth management has no target per se nor a defined destination, but instead, it is a life-long process that aims to provide techniques and plans to attain financial goals, which in turn facilitate the attainment of one’s life goals.
12/28/2021
IIFL Wealth is a private wealth management firm in India.
12/27/2021
The wealth tech industry stands as no exception, to this new era of rapid innovation.
12/24/2021
HSBC intends to merge L&T Investment Management Limited with its $1.6 billion asset management operation in India
12/23/2021
Not only do all these steps shrink the long-term client base for the wealth management sector – they also make it that much harder to bank them.
12/23/2021
The seller of 112 Robinson is Robinson Singapore Holding Pte Ltd, where the ultimate holding company is Lion Trust. Cushman & Wakefield (C&W) is said to have brokered the sale.
12/23/2021
Their research-led approach ensures timely and intelligent solutions which are customized to the specific needs of each client
12/23/2021
The country remains one of the world's largest savings markets and one of its fastest growing wealth management markets.
12/20/2021
Record low interest rates globally have also prompted the world's top banks to look for more fee-generating avenues and expand into other markets, with London-listed HSBC stepping up its focus on Asia this year to boost growth.
12/20/2021
High-net-worth customers have shifted to other investments such as yuan-denominated products and US stocks