asset-management

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Schroders, Ashmore shares jump after boost from buoyant markets

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Ashmore reports $2.6 billion inflows as emerging markets lure investors

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UK's Petrofac seeks creditors' compromise on claims to allow asset sale

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Net inflows at Italian asset managers rise 47% y-o-y in 2025

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Factbox-UBS executives seen as most likely to follow Ermotti as CEO

Date: January 13, 2026

ZURICH, Jan 13 (Reuters) - UBS CEO Sergio Ermotti is set to step down after completing the integration of Credit Suisse, with the Financial Times reporting on Tuesday that the veteran Swiss banker's...

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BlackRock to cut around 250 jobs in latest layoffs

Date: January 13, 2026

LONDON, Jan 13 (Reuters) - BlackRock, the world's largest asset manager, will cut hundreds of jobs as part of a regular round of layoffs to improve efficiency, a spokesperson for the company told...

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EU banking regulator says no capital relief for banks holding asset managers via insurers

Date: January 12, 2026

MILAN, Jan 12 (Reuters) - The European Banking Authority has clarified that current European Union banking rules prevent lenders that own asset management firms through an insurance unit from applying...

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HSBC launches UAE asset management business to tap into wealth influx 

Date: January 12, 2026

DUBAI, Jan 12 (Reuters) - HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on Monday, as the bank deepens its investment in the region and taps into an...

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Saudi's SABIC sells assets in Europe, Americas worth $950 million

Date: January 8, 2026

Jan 8 (Reuters) - Saudi chemical major Saudi Basic Industries Corporation (SABIC) has agreed to divest its entire stake in SABIC Europe and its Engineering Thermoplastics (ETP) business in Europe and...

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Switzerland freezes assets linked to Venezuela's Maduro after US arrest

Date: January 5, 2026

BERLIN, Jan 5 - Switzerland has frozen any assets held in the country by Venezuela's Nicolas Maduro and associates, the Federal Council said on Monday, following his arrest by U.S. forces in Caracas...