
Temasek’s Gabriel Lim named as new Seviora Holdings CEO
The transition comes as Seviora Holdings’ current CEO Jimmy Phoon is set to retire later this year.

VP Bank raises profile in Singapore
VP Bank builds relationships in Singapore after closing its Hong Kong office last year.

HSBC opens new Singapore wealth centre
The wealth centre is the second of three that HSBC plans to open by the end of this year.

UBS partners with 360 ONE in India
UBS has formed a collaboration with 360 ONE WAM on wealth management in India and international markets.

HSBC opens wealth centre in Hangzhou
It is the UK bank’s sixth wealth centre launched in mainland China during the past six months.

AllianzGI names Michael Krautzberger as new CIO for public markets
The promotion comes amid a reshuffling of leadership as the firm’s global head of investments Deborah Zurkow retires later this year.

Julius Baer restructures business
The reorganisation creates one global products & solutions unit and divides client business into three regions.

Baillie Gifford: It’s irresponsible for public investors to not have insight into private markets
The Scotland-based investment manager is looking to expand its growth equity business.

Seviora Group opens office in the Middle East
Seviora’s Adu Dhabi’s office will be led by Sadiq Hussain.

DWS and Deutsche Bank launch private credit cooperation
The partnership is agreed with Deutsche Bank as DWS seeks to accelerate growth in its alternatives franchise.

J. Safra Sarasin buys a majority stake in Saxo Bank
The transaction is aimed at enhancing the global long-term potential of both firms.

Schroders announces annual cost savings target in strategic shift
New three year targets announced in Richard Oldfield’s first results since taking over as CEO last November.

BlackRock completes purchase of Preqin
The world’s biggest asset manager has acquired Preqin, a provider of private markets data.