Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
Schwab Slashes 80 More Jobs in TD Ameritrade Integration
By Jeff BermanThe latest cuts were "in no way connected to current events in the financial sector," a spokesperson said.
April 04, 2023
Rockefeller Capital Gets $622M for Selling 21% StakeThe firm, led by Greg Fleming, oversaw $100 billion in client assets as of March 31 and is now valued at $3 billion.
April 02, 2023
UBS to Cut Staff Up to 30%; Prosecutors Look at Credit Suisse DealFirms such as Citigroup and JPMorgan Chase are gearing up to recruit some of the wealth managers likely to be let go.
March 29, 2023
The Standard to Acquire Elevance Life and Disability BusinessThe deal could help the buyer expand retirement plan sales.
March 27, 2023
What's Next for SVB's Advisors After First Citizens Deal?The wealth unit had $16 billion of client assets last year and 190 employees, many of whom were registered investment advisors.
March 27, 2023
First Citizens to Buy SVB After Biggest Failure Since 2008The acquisition transforms First Citizens into one of the top 15 U.S. banks, according to Bloomberg Intelligence.
March 23, 2023
TAMP GeoWealth Buys First AscentAssets for the combined RIA-focused entity should total $21 billion.
March 23, 2023
Wall Street Eases Hiring Freeze in Grab for Credit Suisse TalentHeadhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates.