HONG KONG – Citigroup expects to get regulatory approval for its wholly-owned China brokerage business as soon as this month and plans to add several dozen staff at the unit over the next few months, said two people with knowledge of the matter. The long-awaited final Chinese regulatory approval for the business could be granted […]
Dubai, United Arab Emirates, 2 September, 2026 – GRT Capital Management Limited (“GRT”) today announced the launch of its office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, marking a significant milestone in the global expansion of the asset management firm. Regulated by […]
Rise debuts in MENA and LATAM, an app built to get traders started in as few steps as possible. New clients keep the profit if their first trade wins, and Rise refunds the loss automatically, up to $100, if it doesn’t go as planned. More features follow through the year ahead. INGOT Group, the multi-licensed […]
HONG KONG: Ant International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption of specialised AI to manage liquidity risks. The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, […]
The partnership reflects QIA’s commitment to strengthening Qatar’s financial sector and supporting local asset managers, with Lesha becoming the first locally managed fund. The investment advances QIA’s efforts to promote diversified capital markets and long-term economic growth in Qatar. Doha: QIA today announced its investment in Lesha Qatar Equity Fund. Lesha Bank is a Qatar-based Shari’a-compliant […]
Active investment strategy focused on long-term structural growth themes, including artificial intelligence, cloud computing and next-generation technologies Riyadh, Kingdom of Saudi Arabia– SAB Invest announced the launch of the SAB Invest Global Select Equity Fund, a new open-ended, Shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional global companies expected […]
NEW YORK and ABU DHABI – AGL Credit Management (AGL), a leading corporate credit specialist providing investment strategies and solutions for investors and borrowers, today announced that the Financial Services Regulatory Authority ADGM, the international financial center of Abu Dhabi, has granted the firm approval to conduct regulated financial activities within the ADGM. The approval marks […]
The inaugural Avaloq Wealth Management Index identifies Singapore as one of the world’s leading wealth management markets, reflecting strong performance across macroeconomic, financial, regulatory, demographic and digital dimensions. The findings also highlight Asia’s growing prominence, with two Asian financial centres ranking among the world’s leading wealth management hubs. The index shows that there is no […]
ASIA — Manulife announced the appointment of Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth, effective immediately. Mr Young has served as Interim Chief Distribution Officer since March, providing strong leadership while advancing Manulife’s distribution strategy and deepening broker engagement across key markets. In his new role, he will be responsible for leading International Brokerage business […]
Dubai, UAE, BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, has become the first financial institution in the UAE to connect to the Astana International Exchange (AIX) as a Market Making Member through Abu Dhabi Securities Exchange’s (ADX) Tabadul platform, marking another strategic milestone in the company’s regional expansion […]