ANZ in Deal to Sell AmBank Stake for US$900 Million

ANZ in Deal to Sell AmBank Stake for US$900 Million Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking...

LGT Buys ABN Amro’s Asian Private Banking Business

LGT Buys ABN Amro’s Asian Private Banking Business LGT has bought ABN Amro’s private banking business in Asia and Middle East for an undisclosed amount....

Standard Life Sells Hong Kong Arm

Standard Life Sells Hong Kong Arm  Standard Life has agreed to sell its Hong Kong arm, Standard Life Asia to Chinese joint venture, Heng An...

OCBC Successfully Acquired NAB Private Wealth in Singapore and Hong Kong

OCBC Successfully Acquired NAB Private Wealth in Singapore and Hong Kong OCBC continues to expand its wealth business by completing the acquisition of National Australia Bank’s...

Aberdeen and Standard Life Completes Merger to Form £670 Billion Asset Manager

Aberdeen and Standard Life Completes Merger to Form £670 Billion Asset Manager Aberdeen Asset Management and Standard Life has completed the merger to form Standard...

BlackRock Plans to Launch Private Fund in China

BlackRock Plans to Launch Private Fund in China BlackRock is preparing to set up a private fund in China. The firm intends to set up...

Commonwealth Bank of Australia Reviews Colonial First State Global Asset Management, Including IPO Possibility

Commonwealth Bank of Australia Reviews Colonial First State Global Asset Management, Including IPO Possibility Commonwealth Bank of Australia is undertaking a strategic review of its 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...

RHB & AmBank in Merger Talks

RHB & AmBank in Merger Talks Malaysia’s RHB Bank and AMMB Holdings (AmBank) are starting merger talks to form a group worth about US$9 billion....

Aviva Sells Friends Provident

Aviva Sells Friends Provident  Aviva has sold off Friends Provident International which made a loss of £2m in 2016, to international life assurance group RL360. "This is the...