Bank of America’s core wealth operations, which include both Merrill Wealth Management and its private banking services, currently manage around $4.6tn in client assets. Credit: Karolis ...

The AI module is said to automate repetitive tasks, allowing real-time decision-making, and enhancing process efficiency. Credit: MUNGKHOOD STUDIO/Shutterstock.com. AI-native wealth management ...

Millennium Management has reportedly sold a minority stake representing around 15% to a group of investors in a deal valued ...

UBP has had a presence in the Middle East for over 20 years, initially conducting business from Switzerland before establishing offices in Dubai in 2011. Credit: Wirestock Creators / Shutterstock.com.

US-based wealth management solutions provider AssetMark Financial has unveiled its plans to acquire Efficient Advisors, owned ...

The talks are part of State Street’s efforts to expand its presence in the country’s asset management sector. Credit: SomYuZu/Shutterstock.com. State Street Investment Management is reportedly in ...

The transaction adds Wise Wealth’s $464m in client assets to Wealth Enhancement’s existing portfolio. Credit: nampix/Shutterstock.com. US-based Wealth Enhancement has acquired independent registered ...

Firms that can combine regulatory credibility, cross-market insight and technology-led delivery will be best positioned: GlobalData image credit: bestfoto77/shutterstock Wealth management is ...

Goldman Sachs Group is in discussions with the Kuwait Investment Authority (KIA) to receive a $10bn investment mandate for ...

The Evoke Advisors acquisition marks a milestone in MAI’s growth strategy, enhancing its services for ultra-high-net-worth clients and institutions. Credit: annacovic/Shutterstock.com. A registered ...

Last month, Emirates NBD announced plans to acquire a majority stake in India’s RBL Bank for about $3bn. Credit: hamdi bendali / Shutterstock.com. Emirates NBD is looking to establish an investment ...

For the year to date, net new assets reached $92bn, close to UBS’ target of $100bn for the full year. Credit: Kittyfly / Shutterstock.com. UBS has reported a net profit attributable to shareholders of ...