All articles by Satarupa Bhowmik
Satarupa Bhowmik
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.
McKinsey explores divestment of in-house asset manager MIO Partners
MIO is undergoing a strategic review with assistance from Ardea Partners, an investment bank founded by former Goldman Sachs executives.
Wells Fargo investment banking co-CEO Jon Weiss announces retirement
Fernando Rivas, co-CEO of CIB since May 2024, will become its sole CEO.
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Danske Bank adopts BlackRock’s Aladdin Wealth platform
The Aladdin Wealth platform integrates portfolio management with data and risk analytics to streamline investment management.
JP Morgan expands Morgan Private Advisory arm
The private advisory team now offers specialised services in tax strategy, philanthropy, trust and estate analysis.
Wealth-tech OneVest raises $20m in Series B financing
OneVest aims to expand into alternative investments, providing enterprises with tools to diversify client portfolios in a volatile market.
Sequoia Financial to buy Minnesota wealth manager Carlson Capital
Carlson Capital provides integrated wealth management to about 1,300 clients, mainly in the Minneapolis-St. Paul area.
Mediobanca turns down Monte dei Paschi’s $14bn buyout offer
The board is concerned that the MPS offer could undermine Mediobanca’s identity and business profile.