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Blackstone profit plunges 75% in Q4

American investment firm Blackstone has registered a net income of $743m for the fourth quarter of 2022, a drop of…

BMO Wealth Management extends market data delivery alliance with FactSet

BMO’s wealth management unit has expanded its partnership with FactSet, a financial digital platform, by choosing the latter as its…

Yield App buys wealth management platform Trofi Group

Digital asset firm Yield App has purchased Trofi Group, a wealth management platform that provides structured product solutions for cryptocurrencies,…

FLX Networks taps Broadridge to offer distribution platform to asset managers

FLX Networks, which facilitates communication between asset managers and financial advisors, has selected Broadridge Financial Solutions as a preferred data…

Lumiant forges strategic alliance with DMW Strategic Consulting

Advice and client engagement platform Lumiant has forged an alliance with DMW Strategic Consulting to enable advisors offer enhanced services…

Barclays names new investment banking co-heads

Barclays has appointed Taylor Wright and Cathal Deasy as co-heads of its investment banking business, effective 27 March 2023. Both…

Charles Schwab snaps up The Family Wealth Alliance

Financial services provider Charles Schwab has purchased The Family Wealth Alliance (FWA), which offers various resources to family wealth firms…

Blackstone looks to offload $480m stake in Indian REIT to Bain Capital  

American investment giant Blackstone is weighing options to sell nearly half of its stake in Indian real estate investment trust…

Vidrio, Qontigo renew alliance to offer improved risk solutions

Vidrio Financial, a managed data services and software provider, has expanded its existing collaboration with risk solutions provider Qontigo to…

Multi-family office TAG Associates to set up office in Florida

TAG Associates, a multi-family office, is set to expand its presence in the US with the opening of a new…