
Pictet Family fund will tap into the family business market
Pictet Family Fund, giving an opportunity to invest into family businesses, will fill what it argues is a gap in the market.

Pictet Family Fund, giving an opportunity to invest into family businesses, will fill what it argues is a gap in the market.

BANK of Singapore (BOS), the private banking arm of lender Oversea-Chinese Banking Corporation, plans to grab a bigger share of the fast-growing family office business by expanding its investment products and targeting clients outside the region, its chief executive officer said.

Nonprofit Ogen social bank seeks to fill gap with philanthropy-backed loans, but much more is needed to battle financial squeeze caused by pandemic

Siew Meng Tan, head of HSBC Private Banking for Asia Pacific, discusses why the bank is in a unique position to help forward-thinking families achieve their wealth ambitions

Ashcroft Partnership LLP has been launched as the successor business to the Cambridge office of BKL, following a demerger. Focused on business and tax advice, corporate finance and private client services, the 40-strong team in the office have transferred over to Ashcroft following the partner buy-out.

Garden Fresh Restaurants, the owner of buffet-centric chains Souplantation and Sweet Tomatoes, has filed for Chapter 7 bankruptcy protection as the company opts to liquidate its assets and close its doors for good.

The Chicago-based merchant bank’s new fund has about 150 investors and will focus on buying stakes in family-owned businesses.

Growing desires to preserve family values and legacies are driving forces behind the changing face of wealth management and traditionally structured family offices, explained Envysion’s Jacob Doo, in an interview with finews.asia.

Fort Worth has established a task force focused immediately on restoring local businesses impacted by the pandemic and strategically targeting growth sectors for the future.

To get an overview of what the Travel and Tourism industry looked like before this unprecedented disruption, we’ve compiled a list of the top 10 Largest Travel and Tourism Businesses in the World, arranged in order of 2018 total revenue. Two of the ten on our list are family-owned.