All articles by Gullapalli Gullapalli
Gullapalli Gullapalli
Julius Baer secures regulatory clearance for new office in Portugal
The new Lisbon office will be situated at Avenida da Liberdade 196, and will provide services to ultra-high and high-net-worth clients.
DWS Group to open new Abu Dhabi office – report
DWS’s Middle East & Africa coverage head Joe Kiwan will reportedly transfer from Paris to oversee the inaugural establishment in the Middle East.
India considers raising foreign investment cap in state banks to 49 – report
The enhancement of the foreign investment ceiling is expected to attract additional capital for state-owned banks in the future.
UBS files for US banking licence to enhance wealth management offerings– report
The bank expects to receive the necessary regulatory approval in 2026.
Blackstone’s affiliate to invest $705m in India’s Federal Bank for 9.99% stake
The investment will be carried out via preferential equity shares and warrants, subject to Indian regulatory bodies approval.
Nomura CEO eyes tapping Japanese investors turning to private markets-report
Over the past year, the company’s alternative assets under management have surged by 25% to reach approximately $18bn as of June.
Piper Sandler agrees to acquire MENA Growth Partners
MENA Growth Partners’ founder, along with his team, will join Piper Sandler as consultants.
HSBC considers overhaul of retail banking business in Egypt
The review will be limited to retail banking and will not affect HSBC’s wholesale banking activities.
Sierra Central Credit Union chooses Lumin for digital banking
By adopting the cloud-native platform of Lumin Digital, Sierra is poised to implement quicker updates and roll out new features.