All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Aon seals $2.7bn deal to offload majority of NFP’s wealth business  

The sale encompasses Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth, and related platforms.  

LLB refers clients to Rothschild after UAE exit 

Rothschild will assume control of LLB’s Dubai office, with approximately 20 LLB employees transitioning to Rothschild.

Corient agrees to buy UK’s Stonehage Fleming and Stanhope Capital 

The combined group will manage around $430bn in client’s assets for ultra-high-net-worth wealth families and institutions.  

Indosuez Wealth Management wraps up Banque Thaler acquisition  

The legal integration of Banque Thaler into Indosuez is projected to conclude by the end of 2025.  

DIFC Courts opens Mediation Service Centre and notary service

The Mediation Service Centre provides dispute resolution with assistance from registered mediators, while Notary Service attests legal documents in English.

Lunate and Brevan Howard to set up $2bn investment platform in Abu Dhabi  

Lunate will acquire a minority ownership stake in Brevan Howard, marking its expansion into hedge funds. 

Carlyle to buy intelliflo from Invesco in deal worth up to $200m 

intelliflo is a UK-based provider of cloud-based practice management software for independent financial advisors. 

Mizuho, MUFG eye global market via overseas deals – report  

The move is aimed at capturing a larger slice of the global investing market, with a particular focus on private assets in Europe and the US.

AllianceBernstein appoints new CEO for Asia Pacific  

The leadership transition comes as Ajai Kaul, the current CEO for Asia Pacific, prepares for retirement at the end of 2025.  

HSBC Swiss Private Bank cuts ties with middle eastern clients amid scrutiny  

The action particularly targets clients with assets above $100m, who are deemed high-risk by the bank’s internal assessments.