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Image for Italy's Banca Mediolanum raises 2025 net inflows outlook
Finance

Italy's Banca Mediolanum raises 2025 net inflows outlook

(Reuters) -Italy's Banca Mediolanum forecast higher net inflows for 2025 after reaching asset under...

31st July, 2025

Image for Schroders profit beats forecasts, seeks deeper cost cuts this year
Finance

Schroders profit beats forecasts, seeks deeper cost cuts this year

By Iain Withers LONDON (Reuters) -Schroders reported lower than expected outflows of client cash and...

31st July, 2025

Image for KKR raises $6.5 billion for asset-backed financing
Finance

KKR raises $6.5 billion for asset-backed financing

(Reuters) -Investment giant KKR said on Wednesday it had raised $6.5 billion to provide asset-backed...

30th July, 2025

Image for Aberdeen profit beats forecasts, flags margin pressure ahead
Finance

Aberdeen profit beats forecasts, flags margin pressure ahead

LONDON (Reuters) -British money manager Aberdeen Group reported 900 million pounds ($1.2 billion) of...

30th July, 2025

Image for Man Group's half-year profit slumps even as assets under management hit record $193 billion
Finance

Man Group's half-year profit slumps even as assets under management hit record $193 billion

By Nell Mackenzie LONDON (Reuters) -Hedge fund Man Group on Wednesday posted a 14% rise in assets un...

30th July, 2025

Image for Banca Generali posts in-line profit for Q2 amid wave of banking M&A in Italy
Finance

Banca Generali posts in-line profit for Q2 amid wave of banking M&A in Italy

(Reuters) -Italian asset manager Banca Generali, subject of a takeover bid by Mediobanca, reported a...

29th July, 2025

Image for Amundi second-quarter profit misses expectations, shares fall
Finance

Amundi second-quarter profit misses expectations, shares fall

By Mathieu Rosemain and Bertrand De Meyer PARIS (Reuters) -Amundi, Europe's largest asset manager, r...

29th July, 2025

Image for Exclusive-Buyout groups explore sale of British wealth manager Evelyn, sources say
Finance

Exclusive-Buyout groups explore sale of British wealth manager Evelyn, sources say

By Amy-Jo Crowley and Charlie Conchie LONDON (Reuters) -Private equity firms Permira and Warburg Pin...

28th July, 2025

Image for Vatican reports 35.5% increase in profit from holdings for 2024
Headlines

Vatican reports 35.5% increase in profit from holdings for 2024

By Joshua McElwee VATICAN CITY (Reuters) -The Vatican reported on Monday a 62.2-million-euro ($72.5...

28th July, 2025

Image for UK financial watchdog fines H2O's former deputy CEO, places ban
Finance

UK financial watchdog fines H2O's former deputy CEO, places ban

(Reuters) -Britain's Financial Conduct Authority on Friday imposed a fine of 1 million pounds ($1.34...

25th July, 2025

Image for Italy's Azimut buys Chigago-based North Square Investments in $165 million deal
Finance

Italy's Azimut buys Chigago-based North Square Investments in $165 million deal

MILAN (Reuters) -Italian asset manager Azimut said on Tuesday it had signed a binding accord to buy...

22nd July, 2025

Image for Charles Schwab profit surges on trading boom, asset growth
Finance

Charles Schwab profit surges on trading boom, asset growth

(Reuters) -U.S. brokerage firm Charles Schwab said on Friday its profit rose nearly 60% in the secon...

18th July, 2025