Citi’s investment management unit head joins BlackRock – report
Citi’s investment management unit head, Rob Jasminski has joined BlackRock, where he will oversee nearly $80bn portfolio for wealth management…
16 Dec 2025
Axis Bank to add 50 private bankers to expand wealth management operations
India-based Axis Bank is reportedly planning to recruit 50 private bankers as part of its strategy to expand its wealth management operations. This move is driven by the increasing number…
15 Dec 2025
Revolut to recruit new team to expand wealth management offering
UK-based financial technology company Revolut has announced plans to form a private markets team to expand its wealth management services, according to a Bloomberg report. Revolut is looking for asset…
15 Dec 2025
Aberdeen Investments to acquire $2bn CEF assets from MFS
UK-based Aberdeen Investments has signed an agreement to acquire MFS’ management of closed-end fund (CEF) assets, totalling £1.5bn ($2bn). As per the transaction, nine MFS funds and one Aberdeen CEF…
12 Dec 2025
Hamilton Lane to distribute private-market funds in Taiwan – report
Hamilton Lane, a US-based asset management firm, is set to distribute all six of its open-ended private-market funds in Taiwan, Bloomberg reported. The company, which manages assets of over $1tn,…
12 Dec 2025
OnCorps AI secures $55m to expedite product innovation
OnCorps AI has secured $55m in growth funding from Long Ridge Equity Partners to expedite product innovation. Currently, the company offers artificial intelligence (AI) based reconciliation tools that automate data…
11 Dec 2025
Barclays makes strategic investment in United Fintech
UK-based lender Barclays has made a strategic investment in United Fintech, becoming the fifth international bank to join the shareholders. Barclays will also join United Fintech’s Board of Directors. Other…