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

Merrill Lynch, Pierce, Fenner & Smith Incorporated has resolved SEC charges tied to repeated failures to submit suspicious activity reports (SAR) between April 2020 and September 2024.

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, ...

Letus works mainly with ultra-high-net-worth entrepreneurs and their families. Credit: abumuhammad051992/ Shutterstock.com. Corient has reached a deal to acquire Letus Private Office, a multi-family ...

The FCA is inviting responses on the package until 14 August 2026. Credit: THICHA SATAPITANON/ Shutterstock.com. The Financial Conduct Authority (FCA) has opened a consultation on changes to the UK ...

The deal is said to enhance NatWest’s financial planning and investment management activities. Credit: Alex Yeung/ Shutterstock.com. NatWest Group has completed its purchase of British wealth manager ...

The US Securities and Exchange Commission’s enforcement arm is examining continuation vehicles used by private equity firms and other asset managers to keep hold of assets they are unwilling or unable ...

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.

The proposal for minimum haircuts in gilt repo transactions first appeared in a BoE discussion paper last year. Credit: Gorodenkoff/ Shutterstock.com. The Bank of England (BoE) is continuing with ...

Arca, a wealth management firm built around AI tools and human advisers, has come out of stealth with $64m in seed and Series A funding.