All articles by Shivam Mishra

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 

Barclays appoints ex-HSBC executive as UAE private bank head 

Farzad Billimoria brings 30 years of financial expertise, with experience in private banking, wealth management, and retail banking.  

Light Frame and Mambu enter wealth management partnership 

According to Mambu, the collaboration is “timely”, as wealth managers and private banks navigate shifting client demands.

BMO to acquire Burgundy Asset Management for $456m  

Burgundy, an independent wealth manager, managed around $27bn in assets as of 31 May 2025.

Beacon to acquire Astor Investment Management with $1bn assets 

Beacon said the deal strengthens its presence in the risk-managed investment space. 

UBS and Pictet data leak after Chain IQ cyber attack 

Chain IQ revealed that it, along with 19 other companies, was targeted in the attack, which resulted in a data leak published on the darknet.

Sovereign Capital sells wealth manager Shackleton to Lee Equity Partners 

Sovereign Capital Partners initially backed Shackleton, formerly known as Skerritts, in 2021.