All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
SBI Funds Management gets SEBI approval for IPO draft papers
The fund management company is expected to submit its red herring prospectus and disclose the price band in the first week of July.
Raymond James retires Charles Stanley brand in UK
The decision follows the integration work completed since it bought Charles Stanley in January 2022.
JPMorgan blocks Anthropic AI models for staff in Hong Kong
Staff at the bank in Hong Kong can no longer select Claude from an internal “drop-down” menu of approved large language models.
Investec merger hampered Rathbones’ consumer protection rules rollout
Rathbones devoted too little attention to the July 2023 consumer rules because the merger took up staff and management resources.
Broadridge and Fispoke partner to expand advisor lending tools
The move brings together Broadridge’s securities-based lending system and Fispoke’s digital interface for advisers.
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JPMorgan urges investors to ride equity wave through late 2026 – report
Heavy investment linked to AI and steady consumer spending should help the expansion continue even with sticky inflation, the company said.
Modera adds over $300m in AUM with Northstar Financial deal
Through the deal, Modera adds $311.6m in assets under management, while increasing its footprint in Florida.
Indian wealth firm CREST lands pre-seed investment
The proceeds will go towards improving the firm’s technology platform and adding to its family office and investment teams.
Rathbones pauses new high-risk client onboarding
The review pointed to weaknesses in the firm’s UK wealth unit and the company will run a two-year plan to address those.
Rothschild to buy German private bank Marcard, Stein & Co
The deal signals a further step in the group’s Germany wealth activities, a market it considers important to its wider business.