All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Standard Chartered strengthens global CIO team with key hires  

Sundeep Gantori joined as CIO for equities and Jonathan Liang was named CIO for fixed income & FX. 

SBI Funds Management engages nine banks for $1.4bn IPO – report  

The formalisation of the appointments is expected soon, with estimates suggesting the company’s valuation may reach about $14bn. 

Commerce Bancshares concludes acquisition of FineMark

Upon the merger, Commerce Bancshares reported total assets of around $36bn and assets under administration of $90bn.

SMBC raises stake in Philippines-based RCBC to 24.46% 

The stake increase is part of SMBC’s multi-franchise strategy, which is centred on growth opportunities across Asian markets. 

Invesco teams up with LGT Capital to roll out private markets solutions 

This collaboration seeks to facilitate access to private markets through portfolio offerings and investor education initiatives. 

Mitsui Sumitomo acquires 12.5% stake in W. R. Berkley 

This move follows the Japanese company’s agreements with the Berkley Family, which includes a company and trusts owned by Berkley family members.  

Bank of Singapore to intensify investment in hiring and technology- report

The bank’s number of relationship managers has increased to 500 now, up from approximately 400 in 2023.

Morgan Stanley fined €101m by Dutch prosecutors for evading dividend tax

The financial group has agreed to pay a €101m fine as part of a plea agreement.

Julius Baer AUM reaches $643.4bn for 10M 2025  

The rise reflects net new money inflows of SFr11.7bn since the start of the year. 

HSBC Swiss private bank increases staff pay amid executive exits-report

HSBC’s Swiss arm has raised pay for some staff, including relationship managers, to discourage departures.