All articles by Shivam Mishra

A&O Shearman and White & Case lead M&A legal advisory in Middle East & Africa in H1 2025 

A&O Shearman secured its top position by advising on deals worth $2.8bn, and in terms of volume, White & Case led with eight deals. 

Procyon acquires Connecticut RIA Wooster Corthell

The acquisition increases Procyon’s total assets under management to around $8bn.

Allworth Financial acquires Salzinger Sheaff Brock and Sheaff Brock 

The deal, Allworth’s 42nd since 2018, increases its assets under management and administration to over $30bn. 

PGIM merges public fixed-income and private-credit teams, creating $1tn unit 

This move is part of new CEO Jacques Chappuis’s strategy to enhance cross-selling efforts. 

Fintech Wealthfront files for US IPO  

Wealthfront said the IPO is anticipated after the SEC’s review, contingent on market conditions.  

Northern Trust plans to stay independent amid merger talks with BNY Mellon 

A merger between the two firms could create an investment-management powerhouse overseeing more than $3tn.  

AI-powered fintech Conquest Planning secures $80m funding

The funding round was led by Goldman Sachs Alternatives with participation from new investors including Canapi Ventures, BDC Capital, and Citi Ventures. 

HSBC names new head of wealth and premier solutions in Singapore 

Ishan Sarkar has 20 years of expertise in investment and sales positions at several top-tier global financial firms.  

Elevation Point backs new wealth manager Family Office Partners 

Family Office Partners, led by a team of former UBS private wealth advisors, manages approximately $2.5bn in client assets.  

BNY and Northern Trust reportedly hold merger talks