The US lender applied in late 2021 for a licence to establish a fully owned mainland brokerage arm. Credit: Tada Images/ Shutterstock.com. Citigroup is expected to secure Chinese regulatory clearance ...

Anthropic is preparing to file its IPO papers as early as next week. Credit: Uuganbayar/Shutterstock.com Morgan Stanley and Goldman Sachs are close to taking leading roles on Anthropic’s planned $2tn ...

The bank said the Singapore operation fits into its “one Barclays” approach. Credit: Barclays. Barclays has set up a Private Bank booking centre in Singapore, a move aimed at supporting ultra-high-net ...

MassMutual will continue to own a “significant” holding. Credit: Summit Art Creations/ Shutterstock.com. Aquiline has entered a deal to invest in Flourish, the wealth technology business owned by ...

The business oversees more than $345m in client assets. Credit: Katong/ Shutterstock.com. Wealth Enhancement has taken over the investment advisory operations of Arbor Capital Management, a registered ...

New Mountain first took a stake in Lincoln Investment in 2020. Credit: sebra/ Shutterstock.com. New Mountain Capital has completed its departure from Lincoln Investment Capital, with ownership of the ...

Sequoia Financial Group has acquired BSW Wealth Partners, an independent wealth management business based in Colorado, for an undisclosed sum. Established in 1992, BSW works with clients across the ...

Platypus oversaw about A$5bn ($3.6bn) in 2024. Credit: JHVEPhoto/ Shutterstock.com. Australian Unity has decided to shut down Platypus Asset Management, the group’s Australian equities subsidiary, ...

The private wealth solutions unit was set up by Fortress in 2022. Credit: Funtap/ Shutterstock.com. Fortress Investment Group has named Yuko Umino to oversee its private wealth solutions activities in ...

Citi Wealth has expanded its alternatives and investment manager solutions (AIMS) leadership team, appointing Elizabeth McElherne as head of AIMS platform management. She will report to Daniel ...