Customers Express Less Trust In APAC Financial Services
It is indeed a hard-hitting fact that in countries like Singapore, Australia, as well as Hong Kong, less than half of the customers go...
New SEC Rules For Advisors To Hedge And Private Equity Funds
US Securities and Exchange Commission will decide in order to go ahead with the adoption of new rules for advisors to hedge funds as...
US Regulators Did See The March Banking Collapse Coming
Four months before the second-largest bank failure took place in US history, the main banking regulators had their worry about the dangers that the...
Bank of England Seeks Urgent Deposit Guarantee Scheme Change
The Financial Times reported on April 16 that the Bank of England is mulling a significant overhaul of its deposit guarantee scheme, including increasing...
Coinbase acquires digital asset manager One River Digital Asset Management
US-based cryptocurrency exchange platform Coinbase has acquired One River Digital Asset Management (ORDAM), an SEC-registered investment adviser and institutional digital asset manager.
ORDAM, a subsidiary...
KBC Bank Ireland closes sale of substantially all of its assets and liabilities to...
KBC Bank Ireland plc and The Governor and Company of the Bank of Ireland losed the transaction whereby Bank of Ireland acquires substantially all...
Interest Rate Slashed On Government Deposits By The ECB
As per the European Central Bank, it is going to cut the maximum rate it goes on to pay on the deposits that are...
Under REPowerEU Plan Italy Eyes To Be Energy Hub of Europe
Italy has plans to utilise the funds coming from the European Union under the REPowerEU scheme so as to completely disconnect itself from the...
J.P. Morgan Asset Management Receives Regulatory Approval for 100% Ownership of China Joint Venture
J.P. Morgan Asset Management (JPMAM) announced significant steps in advancing its long-standing commitment to expanding in China.
JPMAM has received regulatory approval from the China...
5 Major Forces Shaping Wealth Management In 2023
The year 2022 will be regarded to be significant for the worldwide wealth management industry. Wealth managers rushed to digitise their service offerings and...