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Alibaba Group Holding Ltd's planned IPO is set to create a long list of multimillionaires just from its partners in the company — music to the ears of private bankers seeking to cash in on the wealth created by China's tech sector boom.
Credit Suisse is rolling out its new private banking app in Asia as it seeks to fend off competition from rivals offering cheaper, faster digital services for wealthy clients.
These days, it's not unusual to hop into a stranger's car on a night out or stay at an unknown home on vacation. Now, private car sharing is becoming the latest trend in the sharing economy. So what should car owners and drivers keep in mind?
The parent company of the British newspaper, the Daily Mail, is in talks with several private equity firms about a possible bid for Yahoo.
Chinese Internet giant Tencent, operator of the popular messaging app WeChat, has launched an online bank, a state-backed newspaper said, as the government seeks to foster private lenders.
The private sector must take the lead in angel investment in technology companies in order to achieve quality of growth in the industry.
b>NEW YORK/b>: Goldman Sachs Group Inc has prohibited US investors from participating in a private offering expected to raise up to US$1.5bil (RM4.8bil) for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines.
Chinese online game developer Shanda Games Ltd said that it has agreed to be taken private by Capitalhold Ltd and its unit Capitalcorp Ltd in a deal valued at US$1.9bil (RM6.90bil).
Britain's new National Cyber Security Centre (NCSC) invited private sector companies to train and collaborate with it on cyber defence, as the Queen formally opened its London hub on Feb 14.