State Street Nears $175 Breakout After 70% Rally and Pullback
State Street must clear $175 to start a new uptrend, says TradingView's Pardis. Q3 EPS rose 33% to $3.69, revenue hit $4 billion, and management lifted its 2026 outlook.
Topic
Asset Management
Topic
Asset Management
Marsh to Acquire Wilshire, Adding $221 Billion Under Management
Marsh’s agreed purchase of Wilshire adds $221 billion in assets under management and $1.6 trillion under advisement, with complet…
AlTi Global Cuts Operating Loss 79%, Lifts Assets to $51.6 Billion
AlTi Global cut its Q3 operating loss 79% to $6 million as revenue edged up 1% to $57.9 million, expenses fell 25%, and assets un…
RBC to Buy Yarra Capital, Adding A$18 Billion in Australian Assets
RBC will acquire full ownership of Yarra Capital Management, adding about A$18 billion in assets and an Australian platform spann…
Goldman Sachs Names 109 Partners for 2026, Effective January 1, 2027
Goldman Sachs named 109 professionals to its Partner Class of 2026, spanning banking, markets, research, engineering and core rol…
Ridgepost Capital Misses Q3 Revenue but Operating Margin Doubles
Ridgepost Capital grew Q3 revenue 17.3% to $89.29 million but missed estimates by 6.3%; operating margin doubled to 28.5% as cros…
LGT Capital Partners Names Sascha Gruber CEO of $120 Billion Manager
LGT Capital Partners has promoted 23-year insider Sascha Gruber to CEO of the $120 billion-plus alternatives manager, succeeding…
Apella Wealth Acquires Kilner Capital, Pushing AUM Past $12.5 Billion
Apella Wealth acquired Kilner Capital Advisors, a Maryland firm with $332 million in AUM, in its 31st deal, lifting Apella's asse…
Impax Asset Management hires Byrne and Bidault for Listed Equities
Impax Asset Management appointed Paul Byrne and Sebastien Bidault in London, adding portfolio risk, systematic equities and envir…
South Atlantic Bank to Acquire Eastover Capital Management
South Atlantic Bank agreed to acquire Eastover Capital Management, which managed about $430 million in assets, and will keep it a…
Apollo Takes Minority Stake in Mubadala Capital in $5 Billion Deal
Apollo takes a minority stake in Mubadala Capital, with new investors committing $5 billion at initial close; deal expected to cl…