Wealth Management
WorldBusiness
Citigroup Profit Jumps 40% to $5.25 Billion on Strong Investment Banking and Wealth Revenue
Citigroup's third-quarter profit rose 40 per cent from a year earlier as stronger investment banking activity, growth in corporate services and higher wealth...
BusinessEconomy
Nuveen Completes Schroders Acquisition to Create $2.6 Trillion Investment Giant
US asset manager Nuveen has completed its acquisition of British investment firm Schroders, creating a combined group with more than $2.6 trillion in...
BusinessEconomyWorld
CD&R and Warburg Pincus Advance Joint Bid for Canaccord’s UK Wealth Business
Private equity firms Clayton, Dubilier & Rice (CD&R) and Warburg Pincus are in advanced talks to jointly acquire Canaccord Genuity’s UK wealth management...
TechnologyBusiness
Vanguard Agrees to Acquire Altruist in Roughly $4 Billion Deal
Vanguard Group has agreed to acquire Altruist, a wealth-management technology platform serving independent financial advisers, in a deal reportedly worth roughly $4 billion,...
