News

HSBC has registered ten new investment funds with the Securities and Commodities Authority of the United Arab Emirates and started its onshore asset management business there. The action is a major step toward HSBC UAE asset management's growth under...

One of the largest financial institutions in the world, Bank of America, wants its wealth management clients to take into consideration digital assets exposure. Starting in 2026, the investment strategies at Bank of America’s Merrill, Bank of America Private Bank as...

Extend has widened its expense and spend management platform in order to support virtually any credit card throughout the three major card networks. It is a move that is targeted at giving small & mid-sized businesses - SMBs much greater...

Goldman Sachs to acquire Innovator Capital Management, which is a provider of defined outcome exchange-traded funds - ETFs, in a transaction that is worth almost $2bn. It is well to be noted that Innovator at present goes on to manage 159...

Nomura has inked a strategic collaboration agreement with OpenAI in order to focus on asset management advancement. As per the collaboration, Nomura is going to execute OpenAI Deep Research and also make use of its strategic as well as technical...

Deutsche Börse, the German stock exchange operator, has bid $5.5bn in order to acquire Allfunds, the investment funds platform, in a move that could as well have certain ramifications for the asset and wealth management market of Europe. Deutsche Börse has also...

HSBC on December 01, 2025, said that it had inked a multi-year deal with Mistral AI, the French start-up, in order to integrate generative AI tools throughout the bank, hence aiming to speed up automation, lift productivity, and also...