Wealth Management

Image for BlackRock to run $80 billion for Citi as bank refocuses wealth unit
Finance

BlackRock to run $80 billion for Citi as bank refocuses wealth unit

(Reuters) -Citigroup will transfer $80 billion in assets from its wealth management unit to BlackRoc...

4th September, 2025

Image for Aon to divest majority of NFP's wealth business in $2.7 billion deal
Finance

Aon to divest majority of NFP's wealth business in $2.7 billion deal

(Reuters) -Aon said on Wednesday it will sell the majority of NFP's wealth business to private equit...

3rd September, 2025

Image for Aon signs $2.7 billion deal to divest majority of NFP's wealth business
Finance

Aon signs $2.7 billion deal to divest majority of NFP's wealth business

(Reuters) -Insurance broker Aon is nearing a sale of its NFP wealth business to Madison Dearborn for...

3rd September, 2025

Image for Mubadala-backed Corient to acquire two European wealth managers in $214 billion asset deal
Finance

Mubadala-backed Corient to acquire two European wealth managers in $214 billion asset deal

(Corrects name of partner and chairman to Giuseppe Ciucci in paragraph 6, NOT Tony Ciucci.) By Hadee...

2nd September, 2025

Image for Liechtenstein bank LLB exits Gulf, refers clients to Rothschild
Finance

Liechtenstein bank LLB exits Gulf, refers clients to Rothschild

By Hadeel Al Sayegh DUBAI (Reuters) -Liechtensteinische Landesbank (LLB) is withdrawing from the Uni...

2nd September, 2025

Image for Boxing-Former heavyweight Bugner, who fought Ali twice, dies at 75
Headlines

Boxing-Former heavyweight Bugner, who fought Ali twice, dies at 75

(Reuters) -Three-time European heavyweight champion boxer Joe Bugner, who fought Muhammad Ali in a w...

1st September, 2025

Image for HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny, FT says
Finance

HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny, FT says

(Reuters) -HSBC's Swiss private bank has launched a cull of more than 1,000 wealthy Middle Eastern c...

24th August, 2025

Image for Italy's Mediobanca gets ECB approval for Banca Generali deal
Finance

Italy's Mediobanca gets ECB approval for Banca Generali deal

MILAN (Reuters) -Italy's merchant bank Mediobanca received European Central Bank approval on Monday...

18th August, 2025

Image for Terence Stamp, actor who played Superman villain Zod, dies at 87
Headlines

Terence Stamp, actor who played Superman villain Zod, dies at 87

By William Schomberg LONDON (Reuters) -Terence Stamp liked to recall how he was on the verge of beco...

17th August, 2025

Image for British wealth manager Quilter's record inflows beat markets expectations in H1
Finance

British wealth manager Quilter's record inflows beat markets expectations in H1

(Reuters) -British wealth manager Quilter on Wednesday said it plans to assess its capital needs fol...

6th August, 2025

Image for Schroders profit beats forecasts, seeks deeper cost cuts this year
Finance

Schroders profit beats forecasts, seeks deeper cost cuts this year

By Iain Withers LONDON (Reuters) -Schroders reported lower than expected outflows of client cash and...

31st July, 2025

Image for UK's St James's Place doubles half-yearly inflows to $5 billion
Finance

UK's St James's Place doubles half-yearly inflows to $5 billion

(Reuters) -British wealth manager St James's Place said on Thursday its net inflows doubled to 3.8 b...

31st July, 2025