Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Societe Generale gears up for Lyxor asset management sale - sources
NEW YORK/LONDONNEW YORK/LONDON (Reuters) - Societe Generale (SOGN.PA) is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources…
Kraken is launching a crypto bank in Wyoming, paving the way for possible stock offerings
Kraken is launching a bank Kraken Financial, the bank, will be regulated under a new framework devised by the state of Wyoming The move means the exchange could launch trading of non-crypto assets Cryptocurrency exchange Kraken is launching a bank…
NDAX Becomes First Canadian Exchange to Support XRP's Utility Fork Flare
Alberta-based cryptocurrency NDAX will support the distribution of the forthcoming airdrop of the Flare Network's Spark (FXRP) token. FXRP is valued as 1:1 with the Ripple-affiliated XRP cryptocurrency. Users will be able to receptive the new token…
As Trump Squeezes China, Alipay's Star Rises
Li Xian, who works at a publishing company in Shanghai, says the Chinese mobile-payments app Alipay is indispensable. Over the past week she's used it to order and pay for dinner through a delivery service, buy movie tickets, pay her utility bills…
From Sheryl Sandberg To Tory Burch: Power Women Pay Tribute To Ruth Bader Ginsburg
s we reflect on the life of Ruth Bader Ginsburg, we can't help but focus on the attributes that made her one of the most extraordinary giants of our time. Ginsburg fearlessly dedicated her life to gender equality, propelling it to front and center…
The FinCEN Files By The (Very Big) Numbers
More than a year ago, BuzzFeed News received a remarkable collection of secret government documents. This huge trove had been assembled at the request of law enforcement agencies and congressional committees investigating the 2016 presidential…
Business briefs: Matan breaks ground on Center 85 industrial park
Matan Companies, a real estate and development firm, has broken ground on the first three buildings of its upcoming Class A research and industrial park called “Center 85” on Executive Way in Frederick. The 44-acre development will…
MAI Capital Management's game plan for growth features launch of sports and entertainment division
MAI Capital Management 's roots trace back to 1973, when IMG founder Mark McCormack started a firm to manage the finances of athletes. Working with stars in sports and entertainment, then, is old hat for Cleveland-based MAI. But when BC Investment…
Saudi Arabian petrochemical companies start 35.6bn riyal merger talks
Talks between Saudi Industrial Investment Group and National Petrochemical Company are at an early stage Saudi Industrial Investment Group (SIIG) and National Petrochemical Company (Petrochem) started merger talks, which may create a new entity…
Calamatta Cuschieri launches financial health check
As leaders in the local financial services industry, Calamatta Cuschieri invests directly in the markets and provides access to a wide spectrum of top-performing local and global assets such as bonds, shares, ETFs and funds. Investment portfolios…
Kraken Shows How Crypto Companies and Banks Are Evolving Together
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based crypto exchange…
Wall Street falls as tech slide continues - The Bull
US stocks have fallen as technology shares sold off for a third day in a row while all three major US indexes posted a third straight week of declines. It was the Nasdaq's first such weekly streak since August 2019, and S&P 500 and Dow's first…
ICICI Securities Ltd: Cyclical or Secular Growth?
ICICI Securities Ltd: Cyclical or Secular Growth? 18 September 2020 To bookmark you need to sign in ICICI Securities Ltd (I-Sec), a subsidiary of ICICI Bank Ltd, is one of the largest stockbroking firms that also offers other financial services…
BW Smart Cities
There are 2,650 Akshaya centres in Kerala, 10,558 e-Sevai centres in Tamil Nadu, 4,512 meeSeva centres in Telangana and 11,105 meeSeva centres in Andhra Pradesh.
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PERSONAL FINANCE: Will the election impact markets and investments? [Column]
As we approach Election Day, investors are understandably wondering — and maybe even anxious — about how the U.S. presidential election will affect the stock market. Election years often come with increased market uncertainty. And…
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