Author name: Jack Bell

London-based Metro Bank has halted money lending on commercial property after law firms began investigations on an accounting error that forced the bank to raise £375m earlier this year. According to The Times, the retail bank, led by American Vernon Hill, made the decision to stop lending for commercial property development, and instead to place […]

Kevin Martin, Asia Pacific Head of Retail Banking and Wealth Management for HSBC discusses the ‘significant opportunity in Singapore’ for building Asia wealth. HSBC’s retail wealth management segment in Singapore is expanding its team by 50 staff as part of a shift in its focus towards Asia’s affluent market, where a total of 300 jobs

World-renowned luxury goods group Moët Hennessy, the beer, wine, and spirits branch of LVMH, has entered into a definitive agreement to acquire Le Château du Galoupet, a French winery specialising in Provence rosé. In an announcement this week, the company announced the addition of the winery to its portfolio, with the transaction expected to be

Dubai-based luxury goods platform The Luxury Closet has announced it has raised £1.8m in funding in its latest funding round as it enters operations in Hong Kong following the purchase of Guitless.com.   In a statement this week, the ecommerce company that sells used fashion items announced that the funding will boost its global expansion