A group of wealth management and asset management firms has reportedly agreed to a $25.5m settlement in a class action ...

The UK’s mass affluent investors are reassessing long-held wealth strategies as changing tax rules, high interest rates and growing digital confidence reshape financial behaviour. According to Daniel ...

Mitsui Sumitomo Insurance (MSI), a part of the MS&AD Insurance Group, has agreed to acquire an 18% equity share in Barings, ...

Deutsche Bank intends to hire up to 250 bankers to support the expansion of its wealth management business across Germany, ...

Wafra, owned by the Public Institution for Social Security of Kuwait (PIFSS), has acquired stake in French private equity firm Ardian.

UBS has delayed the migration of a subset of ultra‑high‑net‑worth Credit Suisse clients to its platforms by several months, ...

Standard Chartered is planning to reestablish a private banking operation in Switzerland, to enhance its offerings for ...

Morgan Stanley has integrated Corastone, a transaction-processing platform backed by KKR & Co., into its wealth management ...

ING Bank Śląski has held a 45% stake in Goldman Sachs TFI since 2019 through its subsidiary ING Investment Holding. Credit: Milos Ruzicka/Shutterstock.com. ING Bank Śląski, a Polish subsidiary of ...

Amundi will serve as the exclusive global distributor in the wealth channel for ICG’s evergreen and select other products. Credit: T. Schneider/Shutterstock.com. Amundi has acquired a 4.6% stake in ...

The new global markets division will be jointly led by Rob Hale in London and Bill Mansfield in New York. Credit: PJ McDonnell/Shutterstock.com. Lloyds Banking Group will form a new global markets ...

The term “mass affluent” encompasses a significant portion of investors, typically those with £50,000 to £5m in investable assets. This group is estimated to control around 67% of UK investable wealth ...