Mergers and Acquisitions
Learn the latest on dealmaking in wealth management and financial services, including the latest mergers and acquisitions news.
How UBS Bought Credit Suisse for a Song — With Morgan Stanley's Help
By Jan-Henrik Foerster, Aaron Kirchfeld | Katherine GriffithsUBS paid about double what it spent on its failed purchase of Wealthfront and got more than 50 times the client assets.
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.
March 22, 2023
12 Actions TD Ameritrade Advisors Should Take During Schwab TransitionThese moves will help advisors at each firm optimize their businesses, according to F2 Strategy.
March 20, 2023
This Is No 2008The current banking turmoil is quite different from the 2008 financial crisis, Bob Doll and others say.