investment-management
BusinessPoland’s Bank Millennium Net Profit Jumps on Lower Fx Loan Provisions
InvestingNorway’s Wealth Fund Falls Short on Climate Ambitions, Ngo Says
InvestingBrevan Howard Says Significant Amount of Its Crypto Trading Done From UAE
TechnologyTesla’s Sporty, Two-Seater Robotaxi Design Puzzles Experts
BNP Paribas Signs Deal to Buy HSBC Private Banking Unit in Germany
Date: September 23, 2024
PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it continues to expand its footprint in wealth management, the French lender said on Monday. The deal, which BNP said should be closed in the second quarter of 2025, will push the bank’s assets under management...
Analysis-SocGen’s CEO Krupa Tightens Screws on Costs as Bank’s Turnaround Plan Falls Flat
Date: September 20, 2024
By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs as he presses ahead with a turnaround strategy announced a year ago that has so far failed to revive the French bank’s flagging share price. SocGen is one of Europe’s cheapest listed banks, trading at...
Global Banking & Finance Review® Announces Basisbank as the Best Sme Bank Georgia 2024 for the Second Consecutive Year
Date: September 17, 2024
Global Banking & Finance Review® is pleased to announce that Basisbank has been named the Best SME Bank Georgia 2024 for the second consecutive year at the esteemed Global Banking & Finance Awards® in the Banking Awards Category. This recognition underscores Basisbank’s robust strategy and unwavering commitment to supporting the growth and development of small...
Navigating Innovation and ESG Leadership: How Concord AM Is Shaping Bulgaria’s Investment Landscape
Date: August 28, 2024
Concord Asset Management is the second largest asset management company in Bulgaria in terms of AuM in mutual funds and AIFs. The company manages six UCITS funds, one NIF and two AIFs – one in Bulgaria and one in Luxembourg. During the last six years, it registered 4.5 times growth in AuM. Concord AM launched...
Investment Management – How Real-Time Data Processing Is Transforming Generative AI Trading Models – Interview With FinTech Expert Ardhendu Sekhar Nanda
Date: August 15, 2024
15 August 2024 Ardhendu Sekhar Nanda is a renowned Fintech expert in Treasury data services, Treasury management and Market data, boasting two decades of extensive experience in the financial services and technology sectors. He has played a pivotal role in global corporations in successfully implementing Fintech solutions across various banking verticals. Ardhendu has proficiently navigated and addressed...
Standard Chartered Boosts Private Bank Team With 14 New Hires
Date: July 18, 2024
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow the affluent business, a bank statement said on Thursday. The hires includes Nicholas Cheng, who joined as managing director, head of...