Palisades Growth Capital offloads ownership interest in wealthtech Docupace
Growth equity investment firm Palisades Growth Capital has exited its ownership stake in Docupace, a provider of wealth management technology.…
Month: April 2020
Lombard Odier invests in fintech Taurus
Lombard Odier Group has invested in Taurus, a Switzerland-based provider of digital infrastructure for banks, asset managers and stock exchanges.…
ByCovid-19 related market turmoil hits AuM at Amundi
French asset manager Amundi has reported a drop in its assets under management (AuM) amidst market turbulence caused by the Covid-19…
Manulife buys 49% interest in Mahindra AMC for $35m
Manulife Investment Management (MIM) has taken a 49% stake in Mahindra Asset Management Company (Mahindra AMC), a unit of Mahindra…
St. James’s Place holds back dividend amid Covid-19 uncertainty
British wealth manager St. James’s Place (SJP) has decided to withhold a third of its 2019 dividend or 11.22 pence…
Falcon Private Bank weighs retreat from private banking
Switzerland’s Falcon Private Bank has confirmed that it is considering an exit from private banking and other options. “The Board…
Deutsche Bank Private Bank gains revenue rise in Q1 2020
Deutsche Bank Private Bank recorded a 2% rise year-on-year in revenues to hit €2.2bn ($2.4bn) in Q1 2020. This was…
ByEFG International AuM crumbles amid Covid-19 turbulence
Swiss private bank EFG International has reported an AuM decline and warned of difficulties in the near future due to…