All articles by Shivam Mishra
Shivam Mishra
Goldman Sachs and Houlihan Lokey lead in global M&A financial advisory for Q1-Q3 2024
Goldman Sachs secured the top spot in the value rankings by advising on deals worth $308.8bn.
Kirkland & Ellis leads global M&A legal advisory in Q1-Q3 2024
Kirkland & Ellis advised on a total of 423 deals, which cumulatively are valued at an $310.5bn.
B. Riley to divest Great American unit to Oaktree Capital for $386m
The division being sold comprises the appraisal and valuation services, retail, wholesale & industrial solutions, and real estate advisory businesses.
HSBC launches review of China digital wealth business Pinnacle
This scrutiny could potentially lead to layoffs and represents a shift from the bank’s previous growth plans for the unit.
BlackRock reports Q3 2024 net income of $1.63bn
The company’s AUM experienced a 26% surge, reaching $11.47trn, bolstered by net inflows and favourable market conditions.
China tightens wealth management product checks
Financial institutions have been directed to enhance monitoring of wealth management products after approximately 1.05trn yuan ($149bn) was withdrawn by investors.
HNW-focused P&C insurer PURE Insurance expands into Canada
The reciprocal insurer, owned by its policyholders, is initially available through select brokers in Ontario.
Allianz PNB Life and HSBC Wealth forge insurance distribution partnership
The alliance includes distribution of life insurance products to HSBC customers in the Philippines.