All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
Singapore eases rules for single family offices
The offices must submit an annual return, setting out their total assets under management and identifying their banking provider.
MCM Partners establishes new family office platform
Christophe Page, who has worked at UBS, Pictet & Cie and Landolt & Cie, will head the new business.
Former Western Asset bond manager pleads guilty to obstructing SEC probe
Leech had been facing four fraud counts over accusations that he ran a cherry-picking scheme worth more than $600m.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Bank of Singapore names Leong Guan as Middle East private banking head
Guan will be based in Dubai and is also set to become chief executive of the bank’s Dubai International Financial Centre branch.
Janus Henderson develops AI-native tools with Percepta and Anthropic
The company manages close to half a trillion dollars in assets for 75 million clients globally.
Morgan Stanley chief “wide awake” to M&A opportunities – report
Ted Pick said wealth management and asset management were areas where the bank could consider inorganic expansion.
JPMorgan puts $20bn into Gulf amid war – report
Doug Petno said the total funding requirement would become clearer once the conflict ends.
Swiss lawmakers weigh softer UBS capital rules
The draft bill is designed to tighten safeguards after the Credit Suisse collapse by making UBS fully cover its overseas units with CET1 capital.