Business moves Archives - Page 11 of 57

Endowus raises $35m in latest funding round

The Singapore-headquartered digital wealth adviser tapped Citi Ventures and MUFG Innovation Partners for funding.

Fullerton had earlier signed a strategic partnership with Indonesia’s Stockbit.

Franklin Templeton announced plans to open the contact office in January.

Indosuez Wealth Management will complete the acquisition next year, subject to regulatory approval.

DBS’ consumer banking/wealth management income increased 48% in the first half of the year.

The new JV will begin operations once regulatory sign-off is achieved.

The Swiss bank’s assets under management were largely flat compared with the end of last year.

The B2B wealthtech company launched a dedicated team to help distributors access alternative investments earlier this year.

The company has named Berny Lin as chairman of the board of directors for M&G Taiwan as well as Steven Wang as general manager.

Deal offers clients ‘enhanced global offering, broader geographic reach and access to even greater expertise’.