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

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

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 ...

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 ...

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

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 ...

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

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 ...