Wealth
Bahrain’s sovereign wealth fund to invest in Singapore Gulf Bank
BAHRAIN’S sovereign wealth fund Mumtalakat is investing in Whampoa Group’s Singapore Gulf Bank (SGB). The investment will enable SGB to launch and grow its business in Bahrain, said Mumtalakat...
She’s Using Franchising to Build Wealth in the Black Community | Entrepreneur
Franchising boasts global brands and widespread recognition, but in many industries, there is a lack of diversity at the ownership level. That's where Tarji Carter comes in. She's educating...
Sovereign wealth funds said to eye McDonald’s China investment
MIDDLE Eastern and Chinese sovereign wealth funds are considering investing in McDonald’s China business, according to people familiar with the matter. Firms including Mubadala Investment, Qatar Investment Authority (QIA)...
Saudi Wealth Fund, Singapore’s PSA consider Global Ports IPO
SAUDI Global Ports, which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International, is considering an initial public offering in Riyadh, according to people familiar with...
Morgan Stanley to cut several hundred jobs in wealth unit
MORGAN Stanley is planning to eliminate several hundred jobs, the first such move under chief executive officer Ted Pick. The cuts will affect less than 1 per cent of...
5 Things to Rethink About Wealth Management For 2024
Entering the year 2024, the field of wealth management is undergoing rapid changes driven by technological advancements, global economic shifts, and evolving consumer behaviors. These factors are initiating a...