UBS plans to keep Ermotti on as CEO for longer, NZZ reports
Ermotti, who oversaw the Swiss bank's 2023 emergency takeover of Credit Suisse, is set to step down by the middle of 2027
Wealth and Asset Management
14928 articles found
7IM launches Amicus Wealth Management following merger
The merger follows 7IM’s acquisition of Amicus Wealth in December 2023.
Wealth firms double down on AI as Sowell and Guardian forge new tech alliances
Firms expand AI-driven platforms, including a new enterprise partnership for RIA custodian Altruist, to boost advisor productivity and client service.
A new wave of innovation in evergreen private credit funds: run-off and rolling vintage structures
Institutional investors dramatically scaled up their allocations, attracted by contractual cash flows, downside protection, and illiquidity premiums of 200–400 bps over public debt.
Coller Capital announces partnership with Mediobanca Private Banking to bring Coller’s flagship evergreen secondaries fund to Italian professional investors
The partnership aligns with Mediobanca Private Banking’s strategic focus on alternatives.
Deutsche Bank raises €500m for Eltif tie-up with Partners Group in three months
The rapid fundraise makes the Eltif one of the largest in the market.
Oaktree considers sale or London IPO of UK wealth manager Utmost
The potential transaction comes amid heightened deal activity across the UK wealth and insurance sector.
Cresset Welcomes $2 Billion Advisory Team to San Francisco Office
Heather Pelant previously served as a Partner and Managing Director at Baker Street Advisors.
Iress seeks buyer post-simplification, appoints interim APAC wealth CEO
Following targeted divestments in 2025 to streamline the business and focus on wealth and trading, Iress chief executive Andrew Russell says the technology firm is open to potential sale discussions.
HSBC Launches Largest Wealth Center in Singapore
The center boasts 7,884 square feet of space with 14 meeting rooms and, including enclosed teller rooms and private client advisory rooms.
Rathbones sets course for next stage of growth
Statutory profit before tax rose 53.5% to £152.9 million, benefitting not only from these synergies but also from a sharp reduction in integration costs, while underlying profit before tax rose 4.6% to £238.1 million.
Partners Group to sell atNorth for an EV of USD 4 billion
The transaction values atNorth at an enterprise value ("EV") of USD 4 billion.