The founders aim to expand their business by attracting talent from established banking institutions. Garcia project’s the business’ assets to grow quickly as a result of “pipeline discussions” with ...

UBS executives had restarted discussions about reducing the bank’s exposure to Swiss regulation. Credit: Judith Linine/ Shutterstock.com. At least eight international banks have indicated they may be ...

Richard Oldfield will remain as CEO of Schroders. Credit: Piotr Swat/ Shutterstock.com. Nuveen has reached an agreement to purchase Schroders for about £9.9bn ($13.5bn), covering the entire issued and ...

Swiss financial watchdog FINMA has concluded an enforcement action against Julius Baer, determining the bank committed “serious” breaches of regulatory provisions concerning money-laundering ...

From June 2026, Barclays removed the monthly customer fee for Direct Investing. Credit: Barclays. Barclays has secured approval from the UK’s Financial Conduct Authority (FCA) to provide targeted ...

Allspring oversees $642bn in assets. Credit: Funtap/ Shutterstock.com. Allspring Global Investments, once part of Wells Fargo, is being prepared for a potential sale by its private equity owners, ...

DTCC and iCapital will also examine the use of current and emerging technologies in alternative investments. Credit: FON’s Fasai/ Shutterstock.com. The Depository Trust & Clearing Corporation (DTCC) ...

Banks and authorities recovered approximately €53m, leaving about €36m unaccounted. Credit: HelgaQ/ Shutterstock.com. Fraudsters posing as senior executives used AI to take €95m ($108m) from Fideuram, ...

QIA CEO Mohammed Saif Al-Sowaidi and JP Morgan Asset and Wealth Management CEO Mary Callahan Erdoes. Credit: JPMorgan Chase/ Qatar Investment Authority (QIA)/ PRNewswire. Qatar Investment Authority ...

Deutsche Bank holds about 80% of DWS. Credit: Vytautas Kielaitis/ Shutterstock.com. Deutsche Bank is examining options to bring its asset management arm and private banking activities into closer ...

The legislation now passes to the lower house, with a final outcome seen as most likely in 2027. Credit: JHVEPhoto/ Shutterstock.com. Switzerland’s upper chamber of parliament has approved a stricter ...