All articles by Shivam Mishra
Shivam Mishra
Elevation Point acquires minority stake in Triton Wealth
The firm, which manages over $225m in assets, caters to business owners, professionals, and retirees, offering services from high-net-worth to mass affluent clients.
IDB Bank appoints new New York private banking and wealth management head
Christian Rocchio will focus on driving strategic growth, enhancing client success, and expanding IDB’s wealth management services.
HSBC investment bank job cuts to start in Asia next week-report
The redundancies will be staggered over several weeks and months, based on performance and to streamline operations.
Nuveen reportedly mulling stake sale in $78bn private-capital unit
This unit, which includes Churchill Asset Management and Arcmont Asset Management, manages $78bn.
Goldman Sachs and Houlihan Lokey lead in global M&A financial advisory for Q1-Q3 2024
Goldman Sachs secured the top spot in the value rankings by advising on deals worth $308.8bn.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Kirkland & Ellis leads global M&A legal advisory in Q1-Q3 2024
Kirkland & Ellis advised on a total of 423 deals, which cumulatively are valued at an $310.5bn.
B. Riley to divest Great American unit to Oaktree Capital for $386m
The division being sold comprises the appraisal and valuation services, retail, wholesale & industrial solutions, and real estate advisory businesses.
HSBC launches review of China digital wealth business Pinnacle
This scrutiny could potentially lead to layoffs and represents a shift from the bank’s previous growth plans for the unit.
BlackRock reports Q3 2024 net income of $1.63bn
The company’s AUM experienced a 26% surge, reaching $11.47trn, bolstered by net inflows and favourable market conditions.
China tightens wealth management product checks
Financial institutions have been directed to enhance monitoring of wealth management products after approximately 1.05trn yuan ($149bn) was withdrawn by investors.