HSBC has suspended high-risk private credit financing following major corporate insolvencies that exposed weak industry underwriting, the Financial Times reported citing sources.

Schroders has agreed to sell Benchmark, its UK integrated financial advice business, to Söderberg & Partners. The transaction marks another step in the asset manager’s plan to reshape its wealth ...

J. Safra Sarasin Group has agreed to acquire the remaining indirect stake in Saxo Holding held by Kim Fournais.

Amundi has named Petra Salesny as chief executive of Amundi Alpha Associates, the firm’s private markets multi-management business.

Park joins the firm as a managing director and will be based in Singapore. Credit: PhotoGranary02/Shutterstock.com German asset manager DWS has named JB Park as its head of alternatives client ...

Julius Baer Group has named Peter Burrill as chief financial officer (CFO) and executive board member, replacing Evie Kostakis.

The Financial Conduct Authority (FCA) in the UK has opened a consultation on plans to change how investment costs are explained to retail customers.

Singular had about €18bn in assets under management in the first quarter. Credit: lma_ss/ Shutterstock.com. ING Spain is nearing the acquisition of a 40% holding in local wealth manager Singular Bank, ...

Infinite is now a programmable, adaptive platform that allows issuers to continuously configure and refine their premium proposition ...

The research revealed that a sizeable portion of clients’ digital asset holdings remains outside the advisory process.

NatWest Group has completed its purchase of British wealth manager Evelyn Partners, valuing the business at £2.7bn ($3.6bn).

Oversea-Chinese Banking Corp (OCBC) will reportedly recruit additional relationship managers over the next three years as it begins trials of a new AI-based application for wealth clients.