All articles by Vidyasagar Maddela
Vidyasagar Maddela
Deutsche Bank to recruit 250 bankers for wealth management – report
The bank plans to allocate around €300m ($348m) for its wealth management division over the next three years.
JP Morgan Private Bank outlines investment strategy for 2026
The outlook identifies AI as a major driver of industry transformation, cost reduction and productivity growth.
FNZ raises $650m from existing institutional shareholders
The new funding will provide additional capital to support the company’s long-term business plan and operations.
UBS delays migration of ultra‑high‑net‑worth Credit Suisse clients – report
The delay interrupts the bank’s integration process and raises doubts about meeting its end‑March target for migration of all clients.
Morgan Stanley integrates KKR-backed Corastone platform
This platform will digitise investor onboarding and automate validation steps that previously relied on manual paperwork.
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Standard Chartered plans to reopen private bank in Switzerland – report
This news follows the bank’s winding down of its Swiss private banking arm about a decade ago after it failed to find a buyer for the business.
FE fundinfo acquires wealth technology firm Contengo
Contengo’s technology will be incorporated into FE fundinfo’s Nexus platform, introducing the command deck feature.
Dakota Wealth Management acquires Lokken Investment Group
The transaction will add Lokken’s $455m in managed assets to Dakota, increasing its assets under management to nearly $7.5bn.
HB Wealth appoints Gina Martin Adams as chief market strategist
Adams previously worked as the chief equity strategist and head of equity strategy and fund research at Bloomberg Intelligence.
Merit acquires Mennenga to expand in Wisconsin, US
The transaction is expected to add $715m in assets to Merit and extend its client service capabilities in Wisconsin.