Wealth & Asset Management
Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi...
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Abu Dhabi’s Big Bet of $50 Billion on India’s Economic Potential
In a further indication of Abu Dhabi's interest in investing in India, entities under the purview...
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UBS Seeks to Maximize $29 Billion Credit Suisse Windfall
So far things are looking bright for UBS and investors and clients agree. The shares are...
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The US Prohibits American Investment in the Chinese High-Tech Sector
The Biden administration signed an order prohibiting US venture capital and private equity firms from investing...
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What Impact Would an Increased Interest Rate Have on Credit Cards, Mortgages and Alike?
The Federal Reserve has raised rates to the range of 5 - 5.25%. Its efforts to...
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Tikehau Capital secures EUR400mn in backing from Anheuser-Busch InBev
The Van Damme and Van der Straten Ponthoz families would invest EUR400mn in equity in Tikehau...
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Citadel makes $16 billion profit, marking the biggest dollar gain by a hedge fund in history
Citadel rose past Ray Dalio’s Bridgewater to the top of the all-time list despite Bridgewater’s estimated...
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Ant Group to advance business operations and has no plans to initiate IPO as Jack Ma recedes control
Ant Group currently focuses on developing its business including adding a fifth independent director, making significant...
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Shuaa, the leading investment banking platform launches new Sharia-compliant funds bringing assets under management to $200 million
Shuaa Capital on Tuesday announced that the newly-opened funds would bring in assets under management on...
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Florida Set to Pull $2 Billion Out of ‘Woke’ BlackRock in Anti-ESG Move
Florida Targets BlackRock for 'Stakeholder Capitalism' Florida, in a unanimous move, has decided to divest $2...
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