All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

HSBC Swiss private bank faces probe over alleged money laundering 

The investigations, which are in their preliminary stages, are focused on potential offenses linked to “two historical banking relationships.” 

Morgan Stanley under probe for wealth management client vetting issues – report

The inquiry is examining the firm’s client risk assessments and related practices from October 2021 to September 2024.

LGT ties up with iCapital to digitise alternative investment offerings 

The alliance has resulted in the development of a technology platform, which integrates directly with LGT’s banking systems. 

Quintet Private Bank integrates private markets into client portfolios 

Clients can now access actively managed exposure to alternative assets, including private equity, private credit, and real assets. 

Raymond James partners with FNZ to enhance wealth management platform 

Raymond James will implement FNZ’s integrated wealth management platform to bring AI and digital tools to its operations.  

EFG International to acquire Swiss private bank Cité Gestion

The transaction, expected to close in the second half of 2025, is subject to regulatory approval and aligns with EFG’s M&A strategy.

360 ONE Asset to buy 15% stake in Bharti AXA Life Insurance 

This investment will expedite the Indian life insurer’s plans to improve its products and bolster its distribution network. 

Praxis Group chooses Allvue Systems for fund administration 

Praxis is initially rolling out Allvue’s Fund Administration Essentials Solution in the Middle East.