Standard & Poor’s Maintains A- rating for VP Bank

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Standard & Poor’s Maintains A- rating for VP Bank Standard & Poor’s has confirmed VP Bank’s A- rating and improved its outlook from Stable to...

Hong Kong SFC Fines Noah Holdings $640,000 for Mismatch Transactions and Defective Risk Profiling

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Hong Kong SFC Fines Noah Holdings $640,000 for Mismatch Transactions and Defective Risk Profiling Hong Kong's Securities and Futures Commission (SFC) has fined Noah Holdings...

Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO

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Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO The Federal Council (Switzerland) has initiated consultation on amendments to the...

Hong Kong SFC Fines UBS Securities Asia $570,000 for Failure to Record Client Transactions

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Hong Kong SFC Fines UBS Securities Asia $570,000 for Failure to Record Client Transactions Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined...

HK SFC Reprimands and Fines Interactive Brokers HK$4.5 Million for Causing Market Disruption

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HK SFC Reprimands and Fines Interactive Brokers HK$4.5 Million for Causing Market Disruption The Securities and Futures Commission (SFC) has reprimanded and fined Interactive Brokers...

BGL BNP Paribas Buys ABN AMRO in Luxembourg 

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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,...

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

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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,...

DBS Completes Acquisition of ANZ Wealth and Retail Business in Asia

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DBS Completes Acquisition of ANZ Wealth and Retail Business in Asia DBS Bank has successfully completed the acquisition of ANZ’s wealth management and retail banking...

Scottish Widows and Lloyds Wealth to Terminate £109 Billion AUM Partnership with Standard Life...

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Scottish Widows and Lloyds Wealth to Terminate £109 Billion AUM Partnership with Standard Life Aberdeen Scottish Widows and Lloyds Banking Group’s Wealth businesses have given...

The World’s 500 Largest Asset Managers Managed $81.2 Trillion in 2016

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The World's 500 Largest Asset Managers Managed $81.2 Trillion in 2016 The world’s largest 500 managers managed $81.2 trillion in 2016, representing a rise of...