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Private Banker International will be taking a short break over the holiday season. Our full daily news service will return…

BlackRock and Temasek in talks over China asset management JV

American asset manager BlackRock and Singaporean investment firm Temasek are in talks to launch an asset management business in China…

Credit Suisse investment bank undergoes massive overhaul

Credit Suisse’s investment bank has reorganised its management in a bid to revive the loss-making business. The move comes a…

Mercer Global Advisors buys Michigan-based SD Financial Pathways

Colorado-based RIA aggregator Mercer Global Advisors has snapped up Michigan-based wealth management firm SD Financial Pathways. With the deal, Mercer…

Wealth Enhancement Group to acquire BPU Investment Management

Minnesota-based wealth manager Wealth Enhancement Group has signed an agreement to acquire hybrid advisory firm BPU Investment Management. The deal…

Intesa Sanpaolo, Tikehau tie-up to offer private markets access to HNWIs

Fideuram – Intesa Sanpaolo Private Banking, part of Italy’s Intesa Sanpaolo Group, has collaborated with French asset manager Tikehau Capital…

Norwegian firm Storebrand taps Northern Trust for asset servicing

Storebrand Asset Management, a Norwegian asset manager with $86bn in assets, has turned to Northern Trust for asset servicing. Under the…

Valuecap plans to pull the plug on asset management business

Malaysian investment holding company Valuecap has announced plans to exit the third-party asset management business. The company operates two wholly-owned…