All articles by Satarupa Bhowmik
Satarupa Bhowmik
Standard Chartered to boost UAE private banking team
The expansion plan includes the addition of seven key appointments to the private banking team.
Homrich Berg to acquire Maryland RIA WMS Partners
With the addition of $6.4bn multi-family office WMS, HB’s total assets under management will exceed $24bn.
SEI enhances tax-smart investing with LifeYield acquisition
The deal is said to make SEI the first industry player to offer real-time, automated unified managed household capabilities.
DeFi to acquire 10% stake in Swiss asset management firm Neuronomics
Neuronomics specialises in AI-driven quantitative trading strategies.
Prudential exploring stake sale in Singapore asset management arm-report
A potential divestment could value Eastspring Investments at approximately $3bn.
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UBS plans to restructure US wealth management operations-report
Effective from 1 January 2025, the bank’s wealth business in the US will be organised into six divisions.
PGIM Investments names new Southeast Asia head
Leow will expand client network and build partnerships with private banks, family offices, and wealth managers.
Golub, Polen to launch offices in Abu Dhabi
Golub obtained in-principle approval for a licence from the Financial Services Regulatory Authority.
Vanguard to set up new advice and wealth management unit
Joanna Rotenberg will join Vanguard in January 2025 as managing director and member of the company’s senior leadership team.
HSBC global private banking and wealth chief to quit
Gabriel Castello has been named interim CEO of global private banking, with search for a permanent CEO to start in “due course”.