UBP targets smaller IAM partners in Asia

IAMs often need back office services from private banks. They may partner with a private bank for specific services, such as custodial or execution of investments.


Billionaire brothers bid for Santander HQ in Madrid

The Reubens, who were ranked fourth in this year’s Sunday Times Rich List with a fortune of £15bn, are competing against the bank itself, which wants to buy back the costly lease, and the private equity firm AGC Equity Partners.


Man Group reports asset growth

Investment performance in the quarter was mixed with strong absolute and relative performance in our momentum and discretionary long only strategies but weaker relative performance in our discretionary alternative and systematic equity strategies.