asset-management
FinanceUK's Petrofac Seeks Creditors' Compromise on Claims to Allow Asset Sale
FinanceNet Inflows at Italian Asset Managers Rise 47% Y-O-Y in 2025
Factbox-UBS Executives Seen as Most Likely to Follow Ermotti as CEO
BlackRock to Cut Around 250 Jobs in Latest Layoffs
EU Banking Regulator Says No Capital Relief for Banks Holding Asset Managers via Insurers
Date: January 12, 2026
MILAN, Jan 12 (Reuters) - The European Banking Authority has clarified that current European Union banking rules prevent lenders that own asset management firms through an insurance unit from applying...
HSBC Launches UAE Asset Management Business to Tap Into Wealth Influx
Date: January 12, 2026
DUBAI, Jan 12 (Reuters) - HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on Monday, as the bank deepens its investment in the region and taps into an...
Saudi's Sabic Sells Assets in Europe, Americas Worth $950 Million
Date: January 8, 2026
Jan 8 (Reuters) - Saudi chemical major Saudi Basic Industries Corporation (SABIC) has agreed to divest its entire stake in SABIC Europe and its Engineering Thermoplastics (ETP) business in Europe and...
Switzerland Freezes Assets Linked to Venezuela's Maduro After US Arrest
Date: January 5, 2026
BERLIN, Jan 5 - Switzerland has frozen any assets held in the country by Venezuela's Nicolas Maduro and associates, the Federal Council said on Monday, following his arrest by U.S. forces in Caracas...
EU Extends Sata and Tap Airlines State Aid Divestment Conditions Deadlines
Date: January 5, 2026
BRUSSELS, Jan 5 (Reuters) - The European Commission has extended the deadlines for SATA and TAP airlines to complete the divestments of assets that were conditions for restructuring aid granted by the...
UBS Hires L&G's CIO to Co-Head $1.8 Trillion Investments Unit
Date: December 17, 2025
LONDON, Dec 17 (Reuters) - Swiss bank UBS said on Wednesday it had hired a senior executive from Britain's Legal & General to co-head an expanded $1.8 trillion direct investments unit. UBS said it...