AllianceBernstein Holding has wound down AB Arya, a hedge fund within its alternatives business, reported Bloomberg citing sources.

Voya Financial is under pressure from an activist shareholder to examine a sale of the whole company or parts of its $1.1tn pensions and insurance operations, reported Financial Times.

Modern Wealth Management has agreed to acquire the assets of Brown and Company, a Denver-based wealth advisory business that was formerly affiliated with LPL Financial.

Switzerland has softened parts of its planned capital package for UBS, but the bank may need to build roughly $20bn in additional buffers.

Wendel has wrapped up the purchase of a 56% controlling interest in Committed Advisors from the firm’s founding partners, who also reinvested all of their net proceeds into Committed Advisors funds as ...

Fiduciary oversaw roughly $34bn in total assets as of 31 December 2025. Credit: Thanakorn.P/ Shutterstock.com. GTCR has completed the acquisition of Fiduciary Company and its operating subsidiaries, ...

HSBC has appointed Desmond Kuang as new chief investment officer (CIO), Asia, for HSBC Private Bank and Premier Wealth.

Zurich Retail Protection, a specialist business unit within Zurich UK, has introduced a tailored Private Client service aimed at advisers handling ultra high net worth (UHNW) protection cases.

Citi Wealth has joined forces with Advyzon Enterprise Solutions and Advyzon Investment Management to build a global unified managed account (UMA) programme for its wealth clients.

SEC and CFTC propose raising the reporting threshold from $150m in private fund assets under management to $1bn. US financial watchdogs have put forward changes aimed at reducing reporting demands on ...

FL Putnam Investment Management Company has purchased Arcadia Investment Management Corporation, a registered investment adviser in Kalamazoo, Michigan, overseeing more than $670m in assets.