High Net Worth News

Latest Articles

• Carlyle Group to Acquire Majority Stake in MAI Capital Management in Landmark $2.8 Billion Wealth Management Deal

  Published: Apr 2, 2026

  Section: Banking & Finance

  Global investment firm Carlyle Group has reached an agreement to purchase a majority stake in Cleveland-based MAI Capital Management, valuing the firm at over $2.8 billion. The acq...

• Treasury Closes Spousal Donation Tax Loophole Targeting High-Net-Worth Individuals Exiting South Africa

  Published: Mar 9, 2026

  Section: Africa

  National Treasury has introduced new restrictions on donations tax exemptions to prevent departing taxpayers from using inter-spousal transfers to avoid exit taxes. Effective Febru...

• Great Eastern unveils specialized private insurance division for high net worth families across Asian markets

  Published: Mar 4, 2026

  Section: Banking & Finance

  Great Eastern, the insurance subsidiary of OCBC, has launched a new division called Great Eastern Private to address the complex legacy and wealth preservation needs of affluent cl...