All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
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UK’s L&G sets $500bn Asia asset goal – report
The UK firm currently manages $244bn of assets for Asian clients within its global total of $1.6tn.
BlackRock Q1 profit surges 46% to $2.12bn
The company’s assets under management were $13.89tn at quarter-end, compared with $11.58tn a year earlier.
JPMorgan Chase quarterly profit rises 13% to $16.5bn
The bank’s assets under management grew 16% to $4.8tn, while client assets rose 18% to $7.1tn.
Goldman Sachs reports 19% rise in first-quarter profit
Total net revenues increased by 14% to $17.23bn in the first quarter of 2026.
Grégoire Salignon named new head of Rothschild Martin Maurel
Massiera will remain involved with Rothschild Martin Maurel in Europe in what the firm called “an active and strategic role”.