Saudi asset management industry hits new high
In October 2024, an earlier report by Fitch noted that growth in 2025 would be further supported by a rising number of high-net-worth individuals seeking asset management services within the Kingdom...
Tag : Morgan Stanley
IF Insights: China’s tech stocks soar as Xi Jinping meets business leaders
While Alibaba has entered into an AI partnership with Apple, its founder Jack Ma, who has kept a low profile over years of crackdowns on China's tech giants, appeared at the symposium with Xi Jinping...
IF Insights: Why are Wall Street biggies retreating from NZBA?
The banks that have left the NZBA maintain that they remain committed to their climate goals...
HSBC sees ‘unattractive’ risk reward for Goldman Sachs, Morgan Stanley
Since November 2024, Goldman Sachs and Morgan Stanley have both increased by 14% and 13%, respectively, the day after the US election, when the KBW Bank Index jumped by nearly 10%...
NXP Semiconductors slides on soft guidance despite better-than-expected earnings
For the fourth quarter, NXP Semiconductors guided adjusted EPS in a range of USD 2.93-3.33 on revenue between USD 3.00-3.20 billion...
China creates USD 230 billion brokerage powerhouse, eyes sector consolidation
The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage...
Business Leader of the Week: Meet Tan Su Shan, DBS Group’s incoming CEO
Tan Su Shan began her career at ING Baring Securities in institutional equity and derivative sales...
Asia Private Equity & Bitcoin ETFs: Morgan Stanley’s focus amid leadership shift
The Securities and Exchange Commission approved 11 spot bitcoin ETFs in January 2024...
Citi takes the lead as major banks downsize workforce to streamline costs
Citi has recently announced that it will cut 7,000 jobs, as part of their plan to reduce staffing by 20,000 over the next two years...
Morgan Stanley’s wealth management division faces regulators’ heat
Morgan Stanley's wealth management division offers brokerage, custody, investment advising, and financial planning services to high-net-worth individuals and small to medium-sized organisations...