Deutsche handled two payments to Okko in June and July 2022 with a combined value of £636,000. Credit: Saranya Phu akat/ Shutterstock.com. UK sanctions authorities have penalised Deutsche Bank’s ...

Godrej Industries Group has entered the wealth management segment with the launch of Godrej Wealth and has set a goal of reaching Rs 1tn ($10.5bn) in assets under management by 2031.

Shackleton Advisers has acquired Parallel Financial, a financial advice business based in Putney, London, adding to its footprint in the capital.

Nomura Holdings is seeking acquisition opportunities in the US investment management sector after last year's $1.8bn purchase of Macquarie's US and European public asset management operations.

Gold has become the world’s largest reserve asset, moving ahead of US government bonds, according to a European Central Bank (ECB) report.

Singapore’s financial regulator has asked private banks to shorten the time it takes for clients to open accounts, as the authorities try to support the city-state’s role in global wealth management ...

Bluechip Capital founder Ravi Kohli and Scripbox CEO Atul Shinghal. Credit: Scripbox/ LinkedIn. Scripbox, the Bengaluru-based wealth management company, has taken over the mutual fund distribution ...

As AI moves into the front office, accountability must be the first design decision, explains Dr. Leigh Coney; image credit: Summit Art Creations/shutterstock Walk into a private bank today and the ...

UBS Group has removed several hundred roles across its businesses in Europe, the Middle East and Africa, in the latest round of cuts linked to its takeover of Credit Suisse three years ago.

Wealth centre reception. Credit: DBS. DBS has revealed plans to launch 18 wealth centres across Asia by the end of 2027, alongside refurbishment work at 36 current sites over the next 18 months. The ...