All articles by Vidyasagar Maddela
Vidyasagar Maddela
Revolut to recruit new team to expand wealth management offering
Revolut is recruiting candidates with backgrounds in investment banking, asset management, or private capital advisory.
Aberdeen Investments to acquire $2bn CEF assets from MFS
Aberdeen’s fixed income global head, Jonathan Mondillo, will manage both funds.
Hamilton Lane to distribute private-market funds in Taiwan – report
The company aims to expand its client base in Taiwan beyond local insurers to include high-net-worth individuals.
OnCorps AI secures $55m to expedite product innovation
The company will use the funding to expand its infrastructure to serve asset management clients.
Barclays makes strategic investment in United Fintech
United Fintech provides infrastructure and technology for financial institutions, asset managers, and wealth managers.
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BBVA secures ADGM approval to expand CIB services in Middle East
ADGM’s FSRA has granted BBVA In-Principle Approval to obtain a Category 4 licence.
Flagstar Private Bank launches new wealth planning services
Flagstar Private Bank has also introduced a regional operating model with coverage across the Northeast, Southeast, and West regions.
ABG Sundal Collier to acquire Denmark’s FIH Partners
The acquisition is expected to combine the expertise, sector coverage, and client relationships and products of both organisations.
Procyon acquires OLV to expand presence in US
The acquisition of OLV adds more than $500m in assets under management (AUM), bringing Procyon’s total AUM to nearly $9bn.
FAB signs MoU with Amundi to boost investment offerings in GCC
The collaboration will include a wide range of investment solutions across client segments, formats as well as asset classes.