Asset Management

KBC Bank Ireland plc  and The Governor and Company of the Bank of Ireland losed the transaction whereby Bank of Ireland acquires substantially all of KBC Bank Ireland’s performing loan assets and deposits. In addition, a small portfolio of...

As per the European Central Bank, it is going to cut the maximum rate it goes on to pay on the deposits that are held by the governments so as to give them an incentive to redeploy that cash...

Italy has plans to utilise the funds coming from the European Union under the REPowerEU scheme so as to completely disconnect itself from the Russian gas and thereby turn the country in the bloc’s energy hub, said Giorgia Meloni,...

J.P. Morgan Asset Management (JPMAM) announced significant steps in advancing its long-standing commitment to expanding in China. JPMAM has received regulatory approval from the China Securities Regulatory Commission (CSRC) to complete its acquisition of China International Fund Management Co., Ltd....

The year 2022 will be regarded to be significant for the worldwide wealth management industry. Wealth managers rushed to digitise their service offerings and enable remote service and distribution as a result of the global pandemic. As investors sought safe...

Trovata, one of the leading bank-connected platforms that makes it easier for finance and treasury professionals to manage cash, and J.P. Morgan Asset Management, a global leader in investment management with $2.3 trillion of assets under management, announced they...

According to the head of the International Monetary Fund, 2023 will be a challenging year for a third of the global economy as the primary drivers of global development, Europe, the United States, and China, all see diminishing activity. IMF...