merger

BMO Financial merges private banking and brokerage units

BMO (Bank of Montreal) has announced a merger between its private banking business and its full-service brokerage arm to create…

Banque Heritage, Sallfort Privatbank agree to merge

Swiss private banks Banque Heritage and Sallfort Privatbank have agreed to merge their operations on 3 January next year. Both…

SimCorp consolidates Northern Europe and UK market operations

SimCorp, a provider of investment management solutions, has announced plans to combine its Northern Europe and UK market divisions. The…

UniCredit contemplates merger with Societe Generale

Italian banking giant UniCredit is reportedly planning a merger with its French rival Societe Generale (SocGen). The Financial Times said…

Deutsche Bank merges private and commercial business

Deutsche Bank has launched a new legal entity called DB Privat- und Firmenkundenbank, created through the merger of its private…

Australian advice firms Navacue and Modoras agree to merge

Australia’s Navacue Accountants and Financial Advisors has agreed to merge with local financial advisory firm Modoras Group. Navacue wll be…

Bellpenny and Ascot Lloyd merge to create £6bn wealth manager

British advisory firms Bellpenny and Ascot Lloyd, both owned by Oaktree Capital Management, have joined forces to create a private…

Skylight Financial Group and Lighthouse Wealth Solutions to merge

Ohio-based financial planning firms Skylight Financial Group and Lighthouse Wealth Solutions, which are affiliates of Massachusetts Mutual Life Insurance, have…

AmBank, RHB to begin merger negotiations

Malaysian lenders AmBank Group and RHB Banking Group have secured approval from the country’s central bank to begin negotiations for…