Investors left unsure of the Fed’s plans for the coming months.
Category: Business moves
Hong Kong and Singapore seek to calm nerves over Credit Suisse
Rival UBS has agreed to buy the embattled investment bank for more than $3bn.
DWS extends strategic alliance with Nippon Life
DWS’ strategic alliance with Nippon Life dates back to 2018.
Credit Suisse to commence wealth management business in China
The wealth management business is expected to launch in the first half of this year.
Asia-based financial group sets up wealth management arm
It serves clients with investible assets of over $250,000.
Farro Capital opens multi-family office in Singapore
The office will provide independent advice and innovative solutions to ultra-high-net-worth families.
Newton IM completes integration of BNY Mellon’s Japan equity team
The integration is part of BNY Mellon’s decision in 2021 to transfer over its active and multi-asset fund management capabilities to its subsidiaries.
AIA launches wealth management unit in the Philippines
The launch is part of AIA Philippines’ rebrand from Philam Life.
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
UBS in talks over fund licence in China
UBS is only the latest foreign firm to throw its hat in the ring in China by seeking to apply for a mutual fund licence.
