Islamic finance is emerging as a crucial area of expertise within private banking and wealth management in today's market.

Invesco Advisers has agreed to pay civil penalty of $17.5m to resolve allegations from the US Securities and Exchange Commission (SEC) that it misled statements related to supposed investment ...

HSBC Qianhai Securities has launched its margin financing business for HNW and UHNW customers in mainland China.

LGT Crestone has agreed to acquire Commonwealth Private Advice, the personal advice division of the Commonwealth Bank of ...

Deutsche Bank has fire 111 senior managers from its retail and private wealth unit as the bank brings in cost cuts to meet 2025 targets. The bank is aiming to reduce its cost-to-income ratio from 80% ...

Schroders has reshuffled its leadership line-up, with the appointments of Phil Middleton as the new head of UK and Tom ...

Banque de France and Monetary Authority of Singapore have executed a post-quantum cryptography experiment to improve communication security.

Bordier & Cie (UK) (Bordier UK), a subsidiary of the Swiss private banking corporation Bordier & Cie, has named Ian Heap as chief executive.

DBS Group has launched a fresh share buyback programme worth SGD3bn ($2.2bn). Shares will be cancelled and bought on the open market as part of the scheme. The buybacks will be conducted at management ...

As part of the arrangement, many CBAM staff members will join SEI’s SWP operations team. To guarantee a successful and seamless transition, SEI and CBAM will collaborate closely. SEI and CBAM will ...

Advanta Solutions has expanded its assets under management (AUM) with the acquisition of UK-based financial advisory services provider City Financial Planning.

AIFMD specialist Matterhorn Reporting Services has been purchased by FE fundinfo, expanding its regulatory reporting capabilities.