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asset management

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Image for Ares hires Verdirrame from Goldman Sachs to head Italy wealth management business
Finance

Ares hires Verdirrame from Goldman Sachs to head Italy wealth management business

MILAN (Reuters) -Ares Management has appointed Alessandro Verdirrame as Italy country chief for its...

30th June, 2025

Image for Hyatt to sell Playa's real estate portfolio for $2 billion
Finance

Hyatt to sell Playa's real estate portfolio for $2 billion

(Reuters) -Hyatt Hotels said on Monday it has agreed to sell the real estate portfolio owned by Play...

30th June, 2025

Image for J.P. Morgan hires veteran dealmaker Diamandakis to deepen ties with financial sponsors
Finance

J.P. Morgan hires veteran dealmaker Diamandakis to deepen ties with financial sponsors

(Reuters) -J.P. Morgan has hired Anthony Diamandakis as the vice chair of its strategic investors gr...

26th June, 2025

Image for Amundi's Italian unit reaches accord with unions over layoffs, unions say
Finance

Amundi's Italian unit reaches accord with unions over layoffs, unions say

MILAN (Reuters) -Union representatives at the Italian arm of France's Amundi, Europe's biggest asset...

26th June, 2025

Image for Swiss private banks managing more wealth than ever, report finds
Finance

Swiss private banks managing more wealth than ever, report finds

ZURICH (Reuters) -Swiss private banks saw assets under management climb to a record 3.4 trillion Swi...

26th June, 2025

Image for Russian oligarch gets suspended UK jail term for contempt in divorce case
Headlines

Russian oligarch gets suspended UK jail term for contempt in divorce case

LONDON (Reuters) -A Russian oil tycoon was on Wednesday given a suspended 28-day jail sentence in hi...

25th June, 2025

Image for UK wealth manager Liontrust's annual profit drops as $6.7 billion outflows bite
Finance

UK wealth manager Liontrust's annual profit drops as $6.7 billion outflows bite

(Reuters) -British wealth manager Liontrust Asset Management on Wednesday reported a 28.3% fall in a...

25th June, 2025

Image for EU imposes asset freeze, travel ban on five people tied to Syria's Assad
Headlines

EU imposes asset freeze, travel ban on five people tied to Syria's Assad

BRUSSELS (Reuters) -The European Union imposed on Monday an asset freeze and a ban on travel to the...

23rd June, 2025

Image for Italy has frozen Russian oligarchs' assets worth over $2.6 billion
Headlines

Italy has frozen Russian oligarchs' assets worth over $2.6 billion

By Emilio Parodi MILAN (Reuters) -Italy has frozen Russian oligarchs' assets valued at around 2.3 bi...

23rd June, 2025

Image for Northern Trust commits to independence after WSJ report on potential merger with BNY
Finance

Northern Trust commits to independence after WSJ report on potential merger with BNY

(Reuters) -Bank of New York Mellon Corp approached Northern Trust last week to express interest in m...

22nd June, 2025

Image for UBS taps Allianz GI Asia head Desmond Ng to lead Asia-Pacific asset management unit
Finance

UBS taps Allianz GI Asia head Desmond Ng to lead Asia-Pacific asset management unit

(Reuters) -The asset management arm of Swiss bank UBS said on Thursday it has appointed Desmond Ng a...

19th June, 2025

Image for Australia's Macquarie picks up stakes in UK airports
Finance

Australia's Macquarie picks up stakes in UK airports

(Reuters) -Australia's Macquarie Group said on Wednesday that its asset management arm has acquired...

18th June, 2025