All articles by Satarupa Bhowmik
Satarupa Bhowmik
HSBC appoints new global head of Investments and Managed Solutions
Abouzahr will lead the bank’s global wealth product strategy with an emphasis on sustainable investment options.
Egon Zehnder acquires The Prince Houston Group
The Prince Houston Group caters to various clients, including asset management firms, family offices, and private equity funds.
L1 Capital, Platinum Asset Management enter merger deal
After the merger, L1 Capital shareholders will own 74% of the combined entity, while Platinum shareholders will hold 26%.
Deutsche Bank consolidates wealth services for enhanced client focus
A new “Wealth Planning Germany division” will also be launched within wealth management, headed by Lisa-Marie Wohrle.
Constellation Wealth Capital to pick minority stake in Merit Financial
The investment supports Merit’s objectives to grow its advisor platform and enhance its national reach.
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Citi invests in HANetf to bolster ETF white-label services
The investment sees Citi join other institutional shareholders, including Elkstone, Point72 Ventures, and ThirdStream Partners.
Thailand’s KBank deploys Synpulse8’s digital platform
The platform consolidates the client investment process into a single system, addressing previous inefficiencies caused by multiple front-end tools.
Singapore penalises nine financial institutions for AML breaches
In total, MAS has imposed composition penalties amounting to S$27.45m ($21.4m) on the FIs for violations of AML and CFT requirements.
Schroders opens global digital assets hub in Singapore
The centre will employ specialists, developing best practices with policymakers and industry partners.
Shackleton Advisers acquires Chetwood Group
The deal adds 45 new employees to Shackleton, increasing its national workforce to approximately 450.