Next-Generation Philanthropy

The study also found that the older generations tend to give more to “traditional” sectors such as education and health, whereas younger generations accord greater value to causes relating to the arts and culture, the environment


Falcon to discontinue UK operations

Falcon will continue to provide custodian services to its UK clients, whose wealth management needs will be served by Dolfin upon completion of the transaction.


CBIRC Green-Lights a Fifth Bank’s Wealth Management Subsidiary

The new rules for WMP subsidiaries were aimed at supporting the real economy and strengthening risk management by separating banks from their wealth management businesses to do away with implicit guarantees that could endanger the financial system if inve