JTC Acquires Merrill Lynch’s International Trust and Wealth Structuring Business

JTC Acquires Merrill Lynch’s International Trust and Wealth Structuring Business Independent fiduciary, funds and corporate service provider JTC has confirmed its acquisition of Merrill Lynch...

Vanguard Starts New China Unit

Vanguard Starts New China Unit Vanguard Group Inc has started a wholly foreign owned enterprise in Shanghai. Vanguard has also named Clare Zhao as the...

OCBC Launches Indonesian Private Banking Unit

OCBC Launches Indonesian Private Banking Unit OCBC has launched an Indonesian private banking unit as the bank expands their presence. The onshore unit will be...

Charles Monat Associates to Acquire Global Wealth Solutions Business of Willis Towers Watson

Charles Monat Associates to Acquire Global Wealth Solutions Business of Willis Towers Watson The management of Charles Monat Associates (CMA) has announced that it has...

Aberdeen and Standard Life Plans to Cut 800 Jobs

Aberdeen and Standard Life Plans to Cut 800 Jobs The merger between Aberdeen Asset Management and Standard Life will see 800 jobs cut from the...

OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong

OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong OCBC has stated that it will buy National Australia Bank’s (NAB) private wealth...

Zurich Life & Standard Chartered Sign UAE Distribution Agreement

Zurich Life & Standard Chartered Sign UAE Distribution Agreement Zurich Life & Standard Chartered have entered into an exclusive distribution agreement in UAE. Under the...

DBS Seeks Bids for Non-Life Insurance Distribution Deal

DBS Seeks Bids for Non-Life Insurance Distribution Deal  DBS plans to invite bids from insurers who are interested to sell general insurance products across the...

LGT Completes Acquisition of ABN AMRO’s Private Banking in Asia and Middle East

LGT Completes Acquisition of ABN AMRO’s Private Banking in Asia and Middle East LGT has successfully completed the acquisition of ABN AMRO’s private banking business...

EFG International Updates Integration of BSI

EFG International Updates Integration of BSI  During the first quarter of 2017, EFG International made progress in integrating the acquired business from BSI. Net assets...