All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
Rothschild Wealth Partners acquires Illinois-based SNWA
SNWA provides financial advice to business owners, families, and high-net-worth individuals, managing approximately $300m in client assets.
PAI Partners in exclusive negotiations to acquire majority stake in Cyrus Group
Cyrus Group manages over €20bn in assets and serves more than 30,000 institutional and private clients.
Goldman Sachs expands wealth management services in Saudi Arabia
The new unit will employ ‘One Goldman Sachs’ strategy by collaborating with asset management, global banking and markets teams in the region.
Huntington Bancshares completes $1.9bn acquisition of Texas-based Veritex
Huntington Bancshares, a US-based regional bank holding company, has closed its merger with Veritex Holdings, a bank holding company based…
Emirates NBD decides to quit IDBI deal due to delays-report
Dubai-based financial institution is reportedly shifting its focus to RBL Bank, due to delays in the completion of the IDBI deal.
Goldman Sachs’ senior bankers exit amid leadership changes-report
The bankers who left the bank have moved to competitors such as JPMorgan Chase, Wells Fargo, and Citigroup, with some joining boutique firms like Evercore.
PicPay plans to raise up to $500m through US IPO – report
The company is collaborating with Citigroup, Royal Bank of Canada, and Bank of America for the potential listing.
Morgan Stanley initiates SRT tied to $6bn loan portfolio-report
The SRT could reportedly amount to approximately $750m, representing 12.5% of the overall loan portfolio.
Western Alliance Bank launches new division for HNW individuals
The new division aims to extend services beyond the bank’s existing clientele by collaborating with advisors in other sectors.
HSBC to acquire remaining stake in Hang Seng Bank for $13.63bn
The offer reflects a 33% premium over the undisturbed 30-day average closing price, and values Hang Seng at HK$290bn ($37.2bn).