Asset Management

Formance Secures $21M Series A to Expand Modular Fintech Platform
Trends & Future Formance Secures $21M Series A to Expand Modular Fintech Platform

Formance, a French fintech startup, has recently captured significant attention by raising $21 million in a Series A funding round. The funding was co-led by PayPal Ventures and Portage, with participation from existing investors Y Combinator, Hoxton Ventures, and Axeleo. Formance aims to simplify

What's Behind Citi's Major Wealth Management Restructuring Shift?
Capital, Risk & Assets What's Behind Citi's Major Wealth Management Restructuring Shift?

Recent changes at Citi have sparked significant discussion within the financial sector, primarily due to the departure of Ida Liu, the global head of Citi’s private bank. This organizational shift has led to the elimination of Liu's role and the restructuring of private banking leadership a

Can Ripple's XRPL Tokenization Challenge Traditional Asset Managers?
Capital, Risk & Assets Can Ripple's XRPL Tokenization Challenge Traditional Asset Managers?

Imagine a financial world where tokenized assets from various classes are seamlessly traded and managed on the blockchain, heralding a new era of transparency, efficiency, and inclusivity. Ripple, with its XRP Ledger (XRPL), is striving to materialize this vision by pushing the lengths of

Enforcement Directorate Seizes Rs 79.78 Crore Assets in Bank Fraud Case
Regulatory & Compliance Enforcement Directorate Seizes Rs 79.78 Crore Assets in Bank Fraud Case

In a significant development in the investigation of a Rs 220 crore bank fraud involving Sharon Biomedicine Limited (SBML), the Enforcement Directorate (ED) has intensively seized immovable assets worth Rs 79.78 crore. This seizure, which took place on January 24, included flats, plots, hotels, and

Bank-Private Credit Collaborations Reshape Middle-Market Lending Landscape
Capital, Risk & Assets Bank-Private Credit Collaborations Reshape Middle-Market Lending Landscape

The financial landscape has undergone significant changes since the Great Recession, particularly in the realm of middle-market lending. One of the most notable trends is the rise of partnerships between banks and private credit firms, hedge funds, or asset managers. These collaborations have

Are Asia Asset Managers Ready for Geopolitical Challenges in 2025?
Capital, Risk & Assets Are Asia Asset Managers Ready for Geopolitical Challenges in 2025?

The landscape for Asia-focused asset managers in 2025 is fraught with complexities and uncertainties. As the world navigates through evolving geopolitical dynamics, stringent regulatory expectations, and the aftermath of the COVID-19 pandemic, asset managers must remain vigilant and adaptable. This

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later