Switzerland softens UBS capital push, but still points to $20bn extra buffers
Europe
AllianceBernstein closes hedge fund AB Arya
AB Arya had exposure to a range of alternative approaches through derivatives, including equities and systematic trading.
Lumin Wealth buys London-based Gresham Financial Strategies
Schroders shareholders approve £9.9bn sale to Nuveen
Corient strikes deal to buy European wealth manager Bedrock
Middle East tensions spark £2.2bn outflows at Schroders in Q1 2026
EU reportedly preparing “biggest relaxation” of merger rules in decades
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