All articles by Vidhyamunnangi Vidhyamunnangi
Vidhyamunnangi Vidhyamunnangi
Nuveen enters £9.9bn deal to acquire Schroders
The combined company will manage nearly $2.5tn in assets and operate across more than 40 markets worldwide.
Pictet reports growth in AUM even as consolidated profit remains stable
The company’s operating result rose by 3.7% to SFr846m compared to the previous year.
Raqami Islamic Digital Bank gets commercial banking licence in Pakistan
Raqami Islamic Digital Bank was initially issued a restricted banking licence by the State Bank of Pakistan in May last year.
Fintech firm Revolut plans expansion in Australia
The announcement comes as the company’s Australian customer base has exceeded one million.
Schroders and Apollo partner on wealth investment products in UK
They intend to jointly develop new products that integrate both public and private fixed income assets from Schroders and Apollo.
NatWest enters £2.7bn deal to acquire Evelyn Partners
The combined business will oversee £127bn in assets under management.
LHV Bank gains UK approval for consumer credit services
This approval allows the bank to expand its retail products, with plans to offer overdrafts for current account holders in 2026.
Blackstone affiliate secures nod for stake buy in India’s Federal Bank
The investment, totalling Rs61.9bn ($705m), will be made through Asia II Topco XIII.
HSBC plans to implement performance-based bonus cuts – report
According to sources, underperforming employees in areas such as investment banking and wealth management will be impacted.
US Fed delays stress test updates until 2027
The Fed set the final scenarios for its 2026 stress tests, to measure how well large banks cope with an economic downturn.