All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Blackstone and Goldman back Anthropic’s $1.5bn AI joint venture

The move is aimed at introducing its AI tools across a wide range of portfolio companies.

OCBC to acquire HSBC Indonesia retail and wealth units  

OCBC Indonesia expects its assets under management to rise by 25%, while credit card balances are projected to increase by more than 150%. 

WisdomTree closes £150m purchase of Atlantic House  

The acquisition supports WisdomTree’s plan to broaden its presence in areas of asset and wealth management. 

Lazard profit soars 67% in Q1 2026 on asset management growth

As of 31 March 2026, the company’s assets under management were $259bn, up 14% from last year and 2% from previous quarter.

Ex-Julius Baer India chief establishes new wealth venture

Veriqus Partners is in late-stage talks with a major private equity firm, an Indian business family and a senior corporate executive for funding.

iCapital taps Anthropic for AI client tools  

iCapital plans to apply Claude’s reasoning and interpretability in a compliance-first environment. 

MUFG leads APAC M&A adviser table in Q1 2026 

Figures from GlobalData’s Financial Deals Database showed the firm worked on 12 transactions with a combined value of $36.7bn. 

TriLegal and Cyril Amarchand Mangaldas lead APAC M&A legal advisers in Q1 2026

TriLegal was the highest-placed firm by value, having worked on transactions worth $7.6bn.

UBS Q1 2026 profit soars 80% on broad-based growth

Global wealth management invested assets fell by $85bn to $4.66tn.

Simpson Thacher & Bartlett tops Europe M&A legal adviser rankings by value in Q1 2026, CMS leads by volume 

Simpson Thacher & Bartlett was involved in transactions worth a combined $48.2bn by value, while CMS came first with 37 transactions.