India’s 360 ONE Asset Management is planning to raise as much as $500m for its sixth private credit fund, according to Bloomberg.

UK sanctions authorities have penalised Deutsche Bank’s London branch £165,000 ($221,154) after the lender handled payments linked to a sanctioned Russian-owned business.

Morgan Stanley has supplied its entire Hong Kong investment banking team with restricted-use devices for trips to mainland China, the Financial Times reported citing undisclosed sources.

Kellogg will run the global investment products unit, with oversight of strategy, product development and implementation.

Standard Chartered has signed a non-binding proposal to buy Zodia Custody, the digital asset custody company backed by SC Ventures.

It is intended for borrowers whose main operations are in Continental Europe, the UK and, at a later stage, the Middle East.

Standard Chartered plans to reduce more than 15% of its job roles by 2030 as it steps up the use of artificial intelligence (AI) across its operations.

Standard Chartered has appointed Manus Costello as its next group CFO, following the departure of Diego De Giorgi in February.

Investment firm Bain Capital has raised $10.5bn for Bain Capital Asia Fund VI, including $9.1bn from external investors.

Australia is well placed to become one of the hottest markets for new investors over the next three years, following the budget, writes Andrew Haslip ...

Rockefeller Global Family Office is entering Naples, Florida, by adding Coplin Wealth Partners to its wealth management business.

Schroders is withdrawing from its wholly owned fund operation in China and has agreed to transfer its products to Neuberger Berman.