Wealth & Asset Management
Telenor Completes $3.9 Billion Sale of Stake in Thailand’s True Corporation
Under the terms of the agreement, Telenor has transferred 24.95 % of its equity in True...
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OMX Helsinki 25 Edges UP 0.39% as Finland Stocks Higher at Close of Trade
The OMX Helsinki 25 is the main benchmark of the Helsinki exchange, comprising 25 of the most actively traded stocks in a structure both clear...
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Bain Capital is in Exclusive Talks with Australia’s Perpetual to pursue Wealth Management Business
Perpetual has been exploring options to divest its wealth management unit for some time. The company...
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Alliance Goes Public On NYSE To Warm Welcome Despite US Government Shutdown Hurting IPO Market
Alliance Laundry and its backer, private equity firm BDT Capital Partners, sold 34.1 million shares and...
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Citigroup Delegates $80 Billion of Assets to BlackRock as it Shifts From Wealth Unit
Andy Sieg, the head of Citigroup’s wealth division, stated that they are not in a position...
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Hong Kong’s Asset Management Hits US$4.5 Trillion Milestone
The Securities and Futures Commission report found that investors invested 44% more funds in Hong Kong...
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Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF
The OIA’s domestic impact is also unmissable, with approximately 61.3% of its portfolio invested in Oman,...
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South Korea Losses $5.7 bn on China-linked Exotic Notes
This debacle has not only eroded the life savings of countless individuals but has also cast...
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Asian Wealth Managers Flock to Dubai as Clients Look to Diversify
Dubai, a major financial hub in the Gulf region, has attracted wealth from all across the...
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Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi...
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