Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed."Morgan Stanley will work......
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period,......
Domestic wealth management companies are hoping to and trying to fill the gap left by the retreat of foreign wealth managers in India.In the past year, the wealth management arms of IIFL,......
It's going to be India's most exclusive super-rich club, with membership restricted to those with a minimum investible surplus of $1 billion. Called Private Investment Club, it will launch its......
L&T Finance is in advanced stages of negotiations to buy Morgan Stanley's wealth management business in India.The proposed acquisition would help L&T Finance strengthen its foothold in the......