All articles by Vidyasagar Maddela
Vidyasagar Maddela
Goldman Sachs’ senior bankers exit amid leadership changes-report
The bankers who left the bank have moved to competitors such as JPMorgan Chase, Wells Fargo, and Citigroup, with some joining boutique firms like Evercore.
Morgan Stanley initiates SRT tied to $6bn loan portfolio-report
The SRT could reportedly amount to approximately $750m, representing 12.5% of the overall loan portfolio.
Western Alliance Bank launches new division for HNW individuals
The new division aims to extend services beyond the bank’s existing clientele by collaborating with advisors in other sectors.
Schroders transfers full ownership of SPW to Lloyds
SPW, which is a wealth management and advice business, has become a wholly owned subsidiary of Lloyds.
Carta acquires Sirvatus to enhance private credit fund operations
Carta becomes the first fully integrated platform, offering fund administration, loan operations, and investor reporting in a single solution.
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Merit Financial Advisors acquires Obsidian Planning Solutions
The acquisition would bolster Merit’s expertise in business succession planning and enhance Obsidian’s operational scale.
Standard Chartered appoints new CEO for Corporate and Investment Banking
Roberto Hoornweg takes over as CEO of Corporate & Investment Banking at the bank, succeeding Sunil Kaushal.
Universal Investment opens new office in Singapore
The Singapore office will help clients in pursuing international growth, particularly in the region’s real estate market.
Citigroup recruits new leaders for Nordic division- report
The recruitment is said to be a part of Citigroup’s strategy to enhance its European operations.
BNP Paribas closes acquisition of HSBC’s operations in Germany
The acquisition is expected to strengthen BNP Paribas Wealth Management’s position in the European market.