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Newmark’s headquarters at 125 Park Avenue — normally a buzz of high-power dealmaking — has been strangely quiet this summer. The company is renovating several of its floors. Many top brokers have been working offsite for the past few weeks, waiting to return and see who’s gotten the most desirable new digs. It’s not clear…
India currently has more than 19,000 UHNWIs, a figure projected to cross 25,000 by 2031. Credit: Manishankar Patra/ Shutterstock.com. Assets held by India’s family offices are projected to grow 1.5 times over the next three years, from approximately INR700bn ($7.1bn) in 2024, according to research by Julius Baer and EY. The report links this growth…
Recently, in August, CySEC (Cyprus Securities and Exchange Commission) warned about nine websites that do not belong to any entity authorised to provide investment services. This was the first warning from the Cypriot regulator since June. While CySEC oversees the largest number of FX/CFD brokers in Europe, its activity in issuing warnings remains relatively low,…
Massachusetts voters mark their ballots in March 2024. This November they will have the option to cap the commonwealth’s revenue.Bloomberg News The leadership of Massachusetts is not worried. Processing Content The commonwealth passed a $63.4 billion budget without too much difficulty. Its surtax on high earners is the envy of other progressive states, pulling in…
Assets under management reached a record SFr412.6bn as of 30 June 2026. Credit: Cineberg/ Shutterstock.com. LGT Group reported first-half 2026 profit of SFr281.6m ($351.37m), marking a 17% rise from a year earlier. Net new assets came in at SFr12.3bn, equal to an annualised growth rate of 6.4%. Access deeper industry intelligence Experience unmatched clarity with…
Orange receives EU approval for Nexera acquisition with APG
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ABERDEEN, United Kingdom, Aug. 24, 2026 /PRNewswire/ — CB&I’s Asset Solutions business (formerly part of Petrofac) has been awarded a large* three-year contract in Côte d’Ivoire, for the provision of operations and maintenance services. Under the terms of the contract**, CB&I will be responsible for the safe operation, maintenance, integrity management and regulatory compliance…
Just about all of us have Social Security benefits to look forward to each month — or we may already be receiving them. Indeed, as of 2024, nearly 73 million people were collecting Social Security benefits. The checks may not be as big as we’d prefer, but they’re still likely to make up a significant…
Li Lu, the founder and chairman of Himalaya Capital, has an incredible story. The Chinese native served as a student leader during the Tiananmen Square protests in 1989 and eventually became a deputy commander-in-chief. After being added to China’s most-wanted list, Lu eventually escaped to America and fell in love with investing. Lu actually chose…