All articles by Satarupa Bhowmik
Satarupa Bhowmik
BlackRock to add 1,200 jobs in India for AI push
This move is set to expand the company’s two support hubs in Mumbai and Gurugram.
UBS swings back to profit in Q4 2024
The Swiss bank’s total revenues increased to $11.63bn in Q4 2024 from $10.86bn in Q3 2024.
Mercer Advisors acquires Tennessee’s Financial Partners Group
The acquisition strengthens Mercer Advisors’ Nashville presence and adds $660m in assets to its books.
Digital private equity firm Moonfare opens doors in Australia
The move offers eligible investors low-minimum access to select funds from top managers like KKR, EQT, and Carlyle Group.
Julius Baer sheds 400 jobs, downsizes executive board
The company’s executive board has now been trimmed from 15 to 5 members, as the bank eyes another CHF110m in cost savings.
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AI advisory tech provider Jump raises $20m in Series A round
Jump aims to speed up product innovation, broaden its AI workflow offerings, and strengthen sales and support.
Stone Point Capital finalises majority stake purchase in Kestra
Stone Point replaces Warburg Pincus as the majority owner, with the latter making its majority investment in 2019.
Fintech firm additiv opens new office in Jakarta, Indonesia
The new office, located in the District 8 development, will act as a support hub for additiv’s Indonesian operations.
Wealth management platform Prosper secures $4.9m
Fuel Ventures contributed £2m to the round, with 60 professional sportspeople from The Players Fund also participating.
Summit takes stake in Missouri multi-family office Genex Consulting
Genex specialises in investment, retirement, executive pay, risk, estate planning, and business advisory services.