Bloomberg Goldman Sachs Group Inc. received approval from the South African Reserve Bank to conduct the business of a bank in the country, it said. It will open the Johannesburg branch of Goldman Sachs International Bank, and has been admitted as a member of the Johannesburg Stock Exchange’s interest rate and currency derivatives market, it said in a statement on ...

Bloomberg Nomura Holdings Inc plans to hire dozens of private bankers in Hong Kong and Singapore in a bid to extend its wealth management push from Japan and mainland China to the rest of Asia. The Tokyo-based firm, which has already outlined aggressive plans for China, aims to grow the assets it manages from those two hubs by five times ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, on Sunday signed an agreement detailing the UAE’s capital contribution of $20 million (AED73 million) to the Arab Gulf Programme for Development (AGFUND). As one of the founding countries of AGFUND, the UAE has supported the programme’s objectives, goals and activities since ...