UBS Revamps European Wealth Business

UBS Revamps European Wealth Business UBS is consolidating the wealth management business in Europe and Emerging Markets to streamline operations. Cross-border operations will be combined...

Aberdeen to Acquire Taiwan Fund Manager

Aberdeen to Acquire Taiwan Fund Manager Aberdeen Asset Management will acquire Taipei-based asset manager Value Partners Concord Asset Management (VPCAM) for an undisclosed sum that...

HSBC Obtains Approval for Securities Joint Venture in China

HSBC Obtains Approval for Securities Joint Venture in China HSBC has finally been given the approval from the China Securities Regulatory Commission for its securities...

Indosuez Wealth Management in Talks to Acquire CIC in Singapore & Hong Kong

Indosuez Wealth Management in Talks to Acquire CIC in Singapore & Hong Kong Indosuez Wealth Management has started exclusive discussions to acquire the private banking...

NAB Selling Trust Business

NAB Selling Trust Business NAB announced today that it has entered into an agreement with IOOF to sell its National Australia Trustees (NATL) business. Completion...

Two of Australia’s Richest Families to Merge their Family Offices

Two of Australia’s Richest Families to Merge their Family Offices Two of the nation’s richest families, the Myer and Baillieu families, are planning to merge...

Bank Mandiri Targets Singapore Private Banking Business

Bank Mandiri Targets Singapore Private Banking Business Bank Mandiri which operates in Singapore as an offshore bank plans to apply for another licence to run...

RHB & AmBank in Merger Talks

RHB & AmBank in Merger Talks Malaysia’s RHB Bank and AMMB Holdings (AmBank) are starting merger talks to form a group worth about US$9 billion....

Janus and Henderson Completes Merger

Janus and Henderson Completes Merger Janus Capital and Henderson Group have completed their merger. Janus Henderson will be listed on the New York Stock Exchange, with Henderson's...

EFG Asset Management Partners with GQG Partners LLC

EFG Asset Management Partners with GQG Partners LLC EFG Asset Management (EFGAM) has partnered with GQG Partners LLC as exclusive distributor of the GQG Partners...