Companies
Amundi opens Middle East HQ in the DIFC
European asset management giant Amundi has opened a regional office for the Middle East in the Dubai International Financial Centre (DIFC) to service institutional clients across the MENA area.
BNP Paribas rebrands and targets three key markets
BNP Paribas Investment Partners is targeting Germany, China and the US as the three key markets where it can accelerate sales growth significantly, the firm revealed in a 2020 strategic plan statement.
DeVere closes Miami office
International advisory firm deVere Group has closed its Miami office, one of its two major hubs in the US, following the company’s “strategic review” announced earlier this year.
OCBC opens Indonesia wealth unit amid tax amnesty success
Singapore’s OCBC Bank has launched an onshore private banking business, spurred by Indonesia’s tax amnesty.
China’s HNA looks to buy a stake in Value Partners
Chinese conglomerate HNA Group is looking to buy a stake in Hong Kong fund management firm Value Partners, making it the company’s fourth investment in an asset manager in the past six months.