Credit Suisse has launched Credit Suisse Invest, a new human-led, digitally-enabled advisory solution which combines the bank’s digital private banking technology platform, a retrocession free offering and a contextualized advisory process.
KUALA LUMPUR/ABU DHABI: Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking stake to a pension fund and exit the Southeast Asian nation, sources familiar with the matter said, in a transaction that could be worth around $900 million.
In the world of asset management, it increasingly seems like there’s Vanguard, and then there’s everyone else.
The investment management giant has taken in more than $177.3 billion in inflows across its products thus far in 2017, according to Morningstar data. That’s about as much as its 10 closest competitors—combined.
Earnings recovery and structural reforms in China will benefit consumer-oriented sectors, argues Chay Kai Kong, managing director and senior portfolio manager for Greater China equities at Manulife AM.
NEW YORK (REUTERS) – HSBC Holdings Plc and UBS Group AG have each agreed to pay US$14 million (S$19 million) to settle private US litigation accusing them of rigging an interest rate benchmark used in the US$483 trillion derivatives market.