Amundi to set up new team to tap UK wealth market
European asset manager Amundi is setting up a new marketing team in the UK in a bid to grab a…
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TD Bank weighs acquisition of US brokerage firm Cowen
Canada’s Toronto-Dominion Bank (TD Bank) is exploring the potential acquisition of US-based brokerage firm Cowen, reported Bloomberg News citing people…
Dakota Wealth signs deal to buy Loveless Wealth Management
Dakota Wealth Management, which serves high-net-worth (HNW) individuals and families, has signed a deal to buy Montana-based Loveless Wealth Management.…
Private equity firms conclude acquisition of LSEG’s BETA+ platform
US-based private equity firms Clearlake Capital and Motive Partners have completed their previously announced acquisition of wealthtech platform BETA+ from…
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BNY Mellon’s Pershing adds new features to CAIS platform
BNY Mellon’s Pershing has enhanced the CAIS platform with a number of new updates to streamline alternative investing for financial…
NFP scoops up Toronto-based Newport Private Wealth
Insurance broker NFP has acquired Toronto-based private wealth management firm Newport Private Wealth. The transaction, whose financial terms were not…
HSBC to re-enter India’s private banking market
HSBC is set to relaunch its India private banking business within a year, reported Reuters citing HSBC India CEO Hitendra…
Colliers to pick controlling interest Versus Capital
Canada-based diversified professional services and investment management firm Colliers has brokered a deal to purchase 75% ownership interest in Versus…