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 rules set maximum holdings based on an issuer’s publicly tradable shares. Credit: piksik/ Shutterstock.com. Türkiye’s capital markets regulator has introduced restrictions on hedge fund holdings, ...

The initiative is part of a wider restructuring led by Barry Sommers, CEO of Wealth & Investment Management at Wells Fargo. Credit: Sundry Photography/ Shutterstock.com. Wells Fargo is intensifying ...

Vanguard became an investor in Altruist in 2020. Credit: Samuel Boivin/ Shutterstock.com. Vanguard has reached a deal to acquire Altruist, a wealth technology and custody business focused on financial ...

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 ...

Vivek Pandohi will take charge of the Global India franchise in the Middle East. Credit: Poetra.RH/ Shutterstock.com. HSBC Private Bank has made a series of senior appointments across its India, ...

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 ...

Other banks, including Goldman Sachs, generally do not wait beyond those 30 days before offering such loans. Credit: Lewis Tse/Shutterstock.com JPMorgan Chase is easing its approach to loans secured ...