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IIMA hosts annual workshop on Insolvency and Bankruptcy with key Government and industry leaders in attendance

IIMA hosts annual workshop on Insolvency and Bankruptcy with key Government and industry leaders in attendance
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Households in COVID-19 vulnerable districts bought more gold during pandemic: IIMA study

As per the study, the share of gold in household savings portfolios in the CVD districts is significantly higher by 6.9 percentage points compared to other districts, and is accompanied by a shift away from financial asset holdings by 4.1 percentage points.

Citi Exits Asia Retail To Focus On Wealth Management | Global Finance Magazine

Citi Exits Asia Retail To Focus On Wealth Management Advertisement May 06, 2021 In a series of sweeping announcements, Citigroup unveiled plans to exit its consumer banking business in 13 markets, mostly in Asia-Pacific as well as other regions and turn its focus to wealth management. Markets affected by the global bank’s decision include Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam. Jane Fraser, Citigroup’s CEO as of March, plans to allocate capital and other resources to the most lucrative services, such as wealth management, to deliver the best results for institutional clients and higher value for shareholders.

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