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have been directed to enhance monitoring of wealth management products after approximately 1.05trn yuan ($149bn) was withdrawn by investors.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.