Asia
Blackrock Chinese wealth JV obtains licence
Fund giant believes the market gives it ‘a significant opportunity’
Another tax net for NRIs who have a virtual presence at home
Non-residents will be taxed if transaction value exceeds INR 20m in India
1MDB sues Deutsche Bank, JP Morgan and Coutts to recover $23bn
As part of 22 legal claims for ‘negligence, breach of contract, and conspiracy to defraud’ the fund
HSBC eyes hiring spree in Asia wealth business
As part of the bank’s $6bn investment in the region
PGIM pursues hearts and minds in Europe
‘It was early in the morning, the US wasn’t up yet, and I had to make the decision’