Search Result for 'wealth management'

Dubai-based logistics firm DP World has signed a USD 7.5 billion contract with Indonesia’s sovereign wealth ...

STV, a venture capital company birthed by ex-Google executive Abdulrahman Tarabzouni, is seeking to elevate a ...

The Bank of America is planning to expand its presence in the Los Angeles market. Bank ...

Venture capital has exploded in the first half of 2021. CB Insights says it led to ...

China-based #Kuaishou Technology has planned to raise at least US$5.4 billion (HK$41.9 billion) in the supposedly ...

In an announcement made on Monday, the Singapore Exchange (SGX) said that it has signed a ...

South Korea-based IT company, Koscom has disclosed about its plans of acquiring 92.66% stake in HSBC ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

The growth potential of the insurance industry in the Asian region has been reviewed by Alexander ...