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.