All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Fried Frank tops Q1 2026 M&A legal adviser rankings by value, Kirkland & Ellis leads by volume
Using figures from its Financial Deals Database, GlobalData said Fried, Frank, Harris, Shriver & Jacobson worked on transactions with a combined value of $168.2bn.
FL Putnam buys Michigan RIA Arcadia
The transaction marks FL Putnam’s first purchase in the Midwest and establishes its first office in the region.
Citi picks Advyzon for global UMA programme
The platform is being prepared for Citi Private Bank, Wealth at Work, Citigold and Citigold Private Client.
India’s GIFT City issues first family fund licence
The approval went to Poornam Asset Management IFSC, reported Reuters.
L&G hires Schroders executive as asset management chief risk officer
Drury remit covers risk and governance structures, investment risk supervision and compliance for L&G’s asset management unit.
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Deutsche Bank self-reports potential Russian sanctions breach
The German bank found its retail division accepted deposits over €100,000 from individuals sanctioned by the EU.
State Street profit rises 19% in Q1 2026
By quarter-end, investment servicing assets reached $54.5tn, up 17%, while investment management assets grew 20% to $5.6tn.
Corient strikes deal to buy European wealth manager Bedrock
Bedrock operates as an independent multi-family office and serves ultra-high-net-worth clients.
Deutsche Bank reshapes UHNW advisory arm
The enlarged division will serve UHNW clients whose wealth is generally linked to entrepreneurial assets and backed by family offices.
Morgan Stanley reports 29% surge in Q1 profit
As of 31 March 2026, total assets reached $1.87tn in investment management and $7.35tn in wealth management.