Hong Kong SFC Fines Citigroup $7.26 Million for Deficiencies as IPO Sponsor

Hong Kong SFC Fines Citigroup $7.26 Million for Deficiencies as IPO Sponsor The Securities and Futures Commission (SFC) has reprimanded and fined Citigroup Global Markets...

Credit Suisse Receives License to Establish Philippines Representative Office

Credit Suisse Receives License to Establish Philippines Representative Office Credit Suisse has received a licence from Philippines’ central bank, Bangko Sentral ng Pilipinas (BSP), to...

Commonwealth Bank of Australia to IPO Colonial First State Global Asset Management in 2018

Commonwealth Bank of Australia to IPO Colonial First State Global Asset Management in 2018 Commonwealth Bank of Australia (CBA) will publicly list their investment management...

Vistra Acquires Indonesian Based Corporate Service Provider Global Expandia 

Vistra Acquires Indonesian Based Corporate Service Provider Global Expandia  Vistra, a leading corporate service providers of incorporations, trust and fund administration services has acquired Global...

Natixis Asset Management Renames as Ostrum Asset Management

Natixis Asset Management Renames as Ostrum Asset Management Natixis Asset Management, an affiliate of Natixis Investment Managers, will be renamed as Ostrum Asset Management from...

Hong Kong SFC Criticises Nomura International for Breaches of Takeovers Code

Hong Kong SFC Criticises Nomura International for Breaches of Takeovers Code Hong Kong’s Securities and Futures Commission (SFC) has criticised Nomura Hong Kong and Annisa...

Deutsche Bank Announces IPO of EUR 700 billion Asset Management Business DWS Group

Deutsche Bank Announces IPO of EUR 700 billion Asset Management Business DWS Group Deutsche Bank has announced its plan to list its Asset Management business,...

Standard Life Aberdeen Sells Insurance Business to Phoenix Group, Acquires 19.99% Stake

Standard Life Aberdeen Sells Insurance Business to Phoenix Group for £3.24 billion, Acquires 19.99% Stake Standard Life Aberdeen has sold their insurance business to Phoenix...

BGL BNP Paribas Buys ABN AMRO in Luxembourg 

BGL BNP Paribas Buys ABN AMRO in Luxembourg  BGL BNP Paribas, one of the largest banks in Luxembourg and part of the BNP Paribas Group,...

Mirae Asset to Buy 100% Stake in ETF Specialist Global X

Mirae Asset to Buy 100% Stake in ETF Specialist Global X Mirae Asset Global Investments has announced to buy Global X Management Company (Global X),...