Tag: Asset & Fund Management

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CIBC Mellon taps Duco for AI-powered data automation tech

CIBC Mellon, a joint venture between CIBC and BNY Mellon, partners with UK-based Duco for AI-powered data automation. The partnership aims to enhance...

Franklin Templeton partners Microsoft to build “advanced financial AI platform”

Partnership with Microsoft Azure AI: Franklin Templeton, a US-based investment management firm with over $1.6 trillion in assets under management, is partnering with...

JTC to acquire First Republic Trust Company of Delaware from JP Morgan for $21m

Acquisition Overview:JTC, headquartered in Jersey, is set to acquire First Republic Trust Company of Delaware (FRTC-DE) from JP Morgan Chase in an...

Goldman Sachs sells Marcus Invest’s digital investing accounts to Betterment

Deal Overview:Goldman Sachs is selling its digital investment advisory unit, Marcus Invest, to robo-advisor Betterment. The agreement involves transferring the unit's digital...

Kneip names ABN Amro Investment Solutions exec Elisa Alonso Sanz as new CEO

New CEO Appointment:Kneip, a Luxembourg-based fund data management and reporting solutions provider, has appointed Elisa Alonso Sanz as its new CEO, effective...

Linqto to go public via $700m SPAC merger with BCSA

Linqto Going Public:US digital investment platform Linqto is set to go public via a business combination deal with Nasdaq-listed special purpose acquisition...