All articles by Satarupa Bhowmik

Satarupa Bhowmik

UBS announces new $2bn share buyback programme

This follows the completion of a buyback programme in April 2024, which helped repurchase $2bn in shares.

Edward Jones to buy Natixis IM’s overlay management services

The deal is set to be finalised later this year, allowing Edward Jones to become the overlay manager for its US UMA offerings.

Mediobanca plans $5.7bn shareholder payout to thwart MPS takeover

MPS has received approval from the European Central Bank and plans to launch an all-share bid for Mediobanca next month.

TA Associates to invest in Australia’s Viridian Financial Group

Viridian manages around $16bn in funds across Viridian Advisory, Infinity Capital Solutions, Smartmove Lending.

B. Riley divests advisory services arm to TorQuest

GlassRatner has a workforce of approximately 200 across its offices in the US, Canada, and Mexico.

UK’s Fairstone adds 100th firm under DBO Programme

Richardson Premier Wealth is a family-owned business with presence in Halifax and Glasgow.

HSBC names new APAC wealth planning head

In her new role, Ling will lead wealth planners, family advisory, and philanthropic advisory teams across the Asia Pacific.

EFG’s Shaw and Partners to pick 75% stake in New Zealand’s ISG

ISG oversees over $4.2bn in assets across its wealth management, funds management, and investment platforms.

BlackRock sets $400bn fundraising goal for private investment growth

The firm anticipates that private investment and technology businesses will contribute over 30% of its revenue by 2030.

Shriram Group, Sanlam establish wealth management venture in India

The 50:50 JV aims to achieve $5.84bn in assets under advice and plans to hire 500 wealth management professionals in five years.