All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Shackleton buys London advisory firm Parallel Financial
The deal increases Shackleton’s capacity in financial planning for clients working in creative, media, film, TV and tech fields.
Godrej launches wealth arm, eyes Rs 1tn AUM by 2031
The group intends to take the wealth business to 35 locations across India over the next five years.
Scripbox buys Bluechip Capital mutual fund arm in India
A part of the deal, Bluechip Capital’s clients and staff will move to Scripbox.
DBS to open 18 new wealth centres across Asia by end-2027
The expansion and upgrades will cover Singapore, Hong Kong, mainland China, India, Indonesia and Taiwan.
UBS cuts several hundred jobs across EMEA – report
The reductions were concentrated in support areas, though some front-office bankers were also affected.
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Nomura eyes US asset management deals after Macquarie deal
That Macquarie transaction was Nomura’s biggest since it took over parts of Lehman Brothers following the 2008 collapse.
Foster Denovo taps Palindrome to bring agentic AI to operations
The wealth management group said the work involves workflow and agentic AI systems, with additional development planned.
Butterfield seals $1.8bn deal to acquire majority stake in CIBC Caribbean
The enlarged group would extend its corporate, personal and wealth management offering across the combined customer base.
Fidelity hires Prezzavento for ETF strategy role
Prezzavento will work on the group’s ETF product plans, with particular attention on broadening its line-up of active ETF offerings.
AI-driven wealth firm TIFIN.AI forms Australia venture
The new operation is part of its wider effort to pair its AI capabilities in wealth services with local management and partnerships.