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 ...

Retention packages are a standard incentive used by companies to retain key employees during periods of uncertainty. Credit: Andrii Yalanskyi/Shutterstock.com. HSBC’s Swiss private bank is ...

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, ...

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

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

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 ...

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 ...

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 ...