All articles by Vidyasagar Maddela

Vidyasagar Maddela

GTCR to acquire Fiduciary to boost wealth management 

GTCR will partner with Fiduciary’s CEO Austin Shapard and management team to accelerate growth.

ING to acquire remaining 55% stake in Goldman Sachs TFI

The bank already owns a 45% stake in the company and will now take full control of the Polish asset management business. 

Amundi acquires 4.6% stake in ICG 

The Amundi-ICG partnership includes a ten-year agreement, joint product development, and a minority equity investment by Amundi in ICG.

Lloyds to merge trading and underwriting teams – report

The restructure is part of the lender’s ongoing efforts to align its international operations and strengthen risk management.

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.

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.