All articles by Satarupa Bhowmik

Satarupa Bhowmik

Fairstone Ireland buys John F. Loughrey Financial Services

With this deal, Fairstone Ireland’s assets under management (AUM) have grown to $1.58bn.

State Street Global Advisors enters alliance with Bridgewater Associates

This alliance is expected to enable a wider range of investors to leverage alternative investments.

Swiss private banks Gonet & Cie, ONE swiss bank agree on merger

After the merger, the unified bank will operate under the Gonet brand, led by Jean-René Lepezel, CEO of Gonet & Cie SA.

Robinhood to buy portfolio management platform TradePMR for $300m

TradePMR, with over 25 years of industry experience, has more than $40bn in assets under administration.

Goldman Sachs to explore spin off GS DAP technology

Goldman Sachs’ Digital Assets unit developed the GS DAP platform to serve digital capital market participants.

UBS targets US banking licence expansion

This move is expected to simplify UBS’s ability to offer loans and accept deposits nationwide.

Westwood, OneVest forge wealth management technology alliance

The integration of OneVest’s technology will empower Westwood’s private wealth advisors with a streamlined digital experience, minimising administrative tasks.

Amundi buys German financial software provider Aixigo for €149m

Aixigo serves more than 20 clients, including top international financial institutions that manage over €1tn in assets.

AZ NGA expand advisory network with StrategyOne acquisition

The acquisition forms part of AZ NGA’s strategy to partner with established advisory businesses.

Legal & General plans job cuts in asset management unit

The move could see retrenchment of up to 20 investment roles and several support positions.