All articles by Satarupa Bhowmik

Satarupa Bhowmik

Schroders weighs sale of Indonesian unit

The move aligns with CEO Richard Oldfield’s plan to shed underperforming operations.

Bain Capital makes $1.7bn bid for Australia’s Insignia Financial

This proposal is contingent on satisfactory due diligence, board approval, and regulatory clearances.

Summit Financial buys Midway Wealth Partners

Midway Wealth Partners will retain its leadership while benefiting from Summit’s network and resources.

Hightower invests in Denver wealth manager Dechtman

With Dechtman Wealth Management, Hightower’s network now includes 140 advisory businesses.

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.

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.