Trending...
- $112 Million Contract Backlog for Cycurion (N A S D A Q: CYCU) Enters Hyper-Growth Phase With, Strategic Acquisitions, & Exploding AI Cybersecurity
- "Fearless and Free": Long Beach Pride 2026 Celebrates Resilience, Family, and Multicultural Connection
- Super Bowl Champion Marvel Smith Inspires Launch of MVP-IQ Platform to Help Football Players Develop and Get Recruited Like the Pros
Astor Capital Fund, in talks to acquire more banks in Hong Kong and BD firms throughout Europe
HONG KONG - ncarol.com -- In the wake of recent Covid-19 geo-financial and political uncertainty, most banks have put at least a tepid hold on any moves forward. But Astor Capital has been more aggressive of late, at least in Hong Kong, in the European markets, and in Singapore. Astor's head of Public Relations, Daniel Forbes, states that fund executives in Asia and in New York's financial center, are at beginning of heavy negotiations for continued global acquisitions.
Astor Capital is intending to acquire several Hong Kong and Singaporean banks as well as several broker-dealer firms throughout Europe and Asia. Astor Capital has expressed interest in purchasing ZZ Capital and Convoy Asset Management, to name a few, and both in Hong Kong.
Whether it's a good move in light of investor fears amid the virus outbreak, is simply speculative and pure judgment at this point. Still, Astor Capital's presence as a deeply global investment entity which helps companies attain their financial objectives across borders, simply may not allow them to fit into any "current downward trend" box or to ride the present wave of fear.
More on ncarol.com
Astor Capital's CEO, Thomas Mellon, has led the firm into the next decade with an image of promise. To move the dial away from growth toward fear seems antithetical to the brand philosophy. When asked at acquisition meetings by directors about which banks in Hong Kong, or at least for a tease into the number of broker dealer acquisitions in play presently, Oliver Hawthorne, Director of Marketing smiled and said, "If I told you, none of this would be considered confidential negotiations. Sit tight. We are only at the beginning of talks and as good as the ink on the signature line. As soon as I know, I will release a statement faster than you can say, 'sealed'." He made no further comments and said nothing about the impact the virus panic may be having on the bank's own global expansion strategy. But at least in the present scale of things, and outwardly in its public face, Astor has maintained a consistent steely image of never being swayed by fears or by "fear-driven" market drivers.
Mellon did add, "The world is no longer spilt into them and us, the United States and Europe or Asia and the U.S., right? As the globe becomes more integrated, we maintain a solid stance on the matter, and it's this. It will never be in our clients' best interest, to isolate as a global investment giant. So, we aren't going to do it – it's just that simple."
More at Astor Capital Fund.
Astor Capital is intending to acquire several Hong Kong and Singaporean banks as well as several broker-dealer firms throughout Europe and Asia. Astor Capital has expressed interest in purchasing ZZ Capital and Convoy Asset Management, to name a few, and both in Hong Kong.
Whether it's a good move in light of investor fears amid the virus outbreak, is simply speculative and pure judgment at this point. Still, Astor Capital's presence as a deeply global investment entity which helps companies attain their financial objectives across borders, simply may not allow them to fit into any "current downward trend" box or to ride the present wave of fear.
More on ncarol.com
- Permian Museum Adds Carbonaceous Chondrite Reference Photos
- L2 Aviation Receives FAA STC and PMA for Klatt Works SAVED™ Smoke Vision System
- Axencis Launches Performance Partnership for Brand Protection
- CCHR Says New OIG Report Raises Concerns about Drugging Elderly with Antipsychotics
- Project Pretzel Introduces a New System for Running Renovation Projects with Built In Contracts and Real Time Execution
Astor Capital's CEO, Thomas Mellon, has led the firm into the next decade with an image of promise. To move the dial away from growth toward fear seems antithetical to the brand philosophy. When asked at acquisition meetings by directors about which banks in Hong Kong, or at least for a tease into the number of broker dealer acquisitions in play presently, Oliver Hawthorne, Director of Marketing smiled and said, "If I told you, none of this would be considered confidential negotiations. Sit tight. We are only at the beginning of talks and as good as the ink on the signature line. As soon as I know, I will release a statement faster than you can say, 'sealed'." He made no further comments and said nothing about the impact the virus panic may be having on the bank's own global expansion strategy. But at least in the present scale of things, and outwardly in its public face, Astor has maintained a consistent steely image of never being swayed by fears or by "fear-driven" market drivers.
Mellon did add, "The world is no longer spilt into them and us, the United States and Europe or Asia and the U.S., right? As the globe becomes more integrated, we maintain a solid stance on the matter, and it's this. It will never be in our clients' best interest, to isolate as a global investment giant. So, we aren't going to do it – it's just that simple."
More at Astor Capital Fund.
Source: Astor Capital Fund
0 Comments
Latest on ncarol.com
- The Glass Guru comes to North Raleigh -- we're bringing clarity to the Carolinas!
- The Future of Classic Cars in a World Moving Beyond Gasoline: How Electric Conversion Is Saving America's Automotive Heritage
- Apple Rock Open House Offers Behind-the-Scenes Look at Exhibit Production
- Xtel Communications Appoints David Appleman as VP of Strategic Sales
- L2 Aviation Acquires Advance Aero
- $112 Million Contract Backlog for Cycurion (N A S D A Q: CYCU) Enters Hyper-Growth Phase With, Strategic Acquisitions, & Exploding AI Cybersecurity
- HarryPotterObamaSonic10Inu Celebrates World Record 1,000+ Days Livestream with Record-Breaking Merchandise Launch
- Igniting High-Growth Expansion as Electrification Strategy and Infrastructure Dominance Converge; 88% Revenue Growth (N Y S E: MWG)
- Appliance EMT Presents Multi-Thousand Dollar Donation to Kids Motel Ministry to Support Local Families
- New Report Reveals Plane Crashes Are Not Where You'd Think
- Whiteside & Goldberg Investigating Claims on Behalf of Victims in TJ Maxx Hidden Camera Incident in Machesney Park, Illinois
- "Fearless and Free": Long Beach Pride 2026 Celebrates Resilience, Family, and Multicultural Connection
- 50 Years of Small Business Wisdom, Supercharged by AI: Shelly Berman Launches The Business Health Check
- Deborah E. Jones Releases Emotional Sovereignty, a Book on Emotional Awareness and Self-Regulation
- Finding the Best Lawyer: What Really Matters When Your Case Is on the Line
- The New World of Freight Brokering with AI
- Captain Notepad Launches Full-Service Direct Mail Platform for Small Businesses Nationwide
- World Cup Buzz Fuels Nayarit's Rise as Mexico's Pacific Standout
- Nayarit strengthens its position in Mexico's Culinary Elite with 8 restaurants in the 2026 Mexico Gastronomic Guide
- Winter Garden Ski Lake Home Sells for $2.05M in Cash Transaction, Highlighting Demand for Strategically Positioned Luxury Properties

