SGSS mandated by Spanish Asset Manager

SGSS was chosen for its recognized experience in cross border fund solutions as well as its long-time experience in alternative funds (Private Equity, Real Estate and Loans Services), for its client support and for its complete range of global securities


UniCredit sells 17 percent stake in online broker FinecoBank

It said the sale was part of planned asset disposals designed to ensure the bank would meet a target of being at the upper end of a 200-250 basis points core capital buffer it wants to maintain over and above regulatory requirements.


Morgan Stanley to shut down its Russian banking business

Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.