Schwab completes asset acquisition of USAA’s investment management company
The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying...
Wells Fargo Asset Management launches municipal sustainability fund
Wells Fargo Asset Management (WFAM) announced the launch of the Wells Fargo Municipal Sustainability Fund, highlighting WFAM’s commitment to provide clients innovative solutions and...
Penta Security, R3 partner for digital asset management and MPC technology
South Korea-based IT security firm Penta Security has joined forces with R3 to advance the digital asset management and Multi-Party Computation (MPC) technologies. Under the...
Eastspring acquires 50.1% stake in Thanachart Fund for $137m
Eastspring offers investment solutions across a wide range of asset classes including equities, fixed income, and multi asset solution. Eastspring Investments has completed the...
Credit Agricole S.A. and Santander sign a MOU to join forces and create a...
Credit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and Santander Securities Services and the creation of a major...
Caixa Asset Management Adopts Bloomberg Asset and Investment Manager Solution
CAIXA Asset Management, one of the largest asset managers in Brazil and Latin America, with more than R $ 370 billion in assets under...
Reinforcing its Private Assets business Schroders completes full acquisition of Secquaero
Schroders acquired 30% of Secquaero in 2013 and entered into a partnership to serve institutional clients’ growing interest for Insurance Linked Securities (ILS). From...
Charles Schwab to buy USAAs investment management assets for £145bn
The acquisition will scale up Charles Schwab’s portfolio with the addition of $90bn (£72.4bn) in assets and more than one million accounts US-based financial services...
BNY Mellon to provide European ETF servicing for Goldman Sachs
GSAM has recently launched its first ETF fund, Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF, into the European market. US-based international banking and...
First Defiance to acquire United Community Financial for £383m
The combination of First Defiance and United Community is expected to have nearly $6.1bn (£4.95bn) in assets, $5bn (£4.05bn) in loans and $4.9bn (£3.97bn)...