Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Wall Street Eases Hiring Freeze in Grab for Credit Suisse Talent
By Harry Wilson, Marion Halftermeyer, Steven Arons & William ShawHeadhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates.
March 20, 2023
Bank Stress Signals Bear Market End: Morgan Stanley Strategist"The last part of the bear can be vicious and highly correlated," Michael Wilson said, with prices poised to fall sharply.
March 19, 2023
UBS to Buy Credit Suisse in $3.2B DealThe deal includes a price per share that is nearly 100% lower than Credit Suisse's peak stock price in 2007.
March 16, 2023
First Republic Set to Get $30B of Deposits in RescueBanks including JPMorgan, BofA, Wells Fargo, Morgan Stanley and Citigroup are part of the talks.
March 15, 2023
Swiss Government Holds Talks on Options to Stabilize Credit SuisseOne long-shot idea is a tie-up with larger Swiss rival UBS Group, said people familiar with the matter.
March 15, 2023
Credit Suisse Ignites Global Market Rout as Banking Fears ReturnGlobal investors are still on edge after the rapid-fire collapse of three regional U.S. banks.
March 15, 2023
Invesco, Franklin Among Firms That Added SVB Before CollapseBlackRock was also among the top 10 buyers of the bank's shares since September, according to Bloomberg data.
March 15, 2023
LUMINARIES 2023 Nominations Portal OpenThinkAdvisor's recognition program is accepting nominations through April 18. There's no cost to participate.