Wealth Management News

This daily roundup covers startup news and updates from August 25, 2026, including potential future paths for N Chandrasekaran after his tenure at Tata Sons. It

Nexedge Capital has raised $20 million from Mirae Asset and Elev8 Venture Partners. Launched in February 2025, the wealth management platform has rapidly grown

Indian startups experienced a sharp decline in VC funding during the second week of August, with total funding reaching $146 million across 15 deals, largely bo

Artificial intelligence is expected to accelerate a 'technology barbell' effect, making the largest companies even bigger and empowering the smallest, while squ

Centricity, a technology-led wealth management firm, has raised Rs 280 crore in a Series A funding round led by SMBC Asia Rising Fund, with participation from e

Google co-founder Sergey Brin has reportedly spent $102 million to avoid paying an estimated $13.3 billion in California's billionaire tax. He has since moved t

The ET Alpha Wealth Summit 2.0 will gather leading experts in asset management, private credit, wealth management, and market strategy. The summit aims to discu

HSBC has resumed share buybacks after its quarterly profits soared to $10.1 billion, largely driven by its wealth management and insurance business in Hong Kong

NatWest, owner of RBS, reported profits exceeding £4.3 billion, driven by its focus on wealth management and artificial intelligence, leading to a rise in its s

Nomura Holdings reported a 39% increase in net income for the first quarter, driven by favorable market volatility, high stock prices, and increased wealth mana

India's rapidly growing population of ultra-rich individuals is creating a significant shortage of skilled wealth managers, leading to increased costs and compe

Two former fund managers, Ashish Gumashta and Roshi Jain, who previously managed significant assets, have co-founded Veriqus, a new company aimed at India's wea

Punjab National Bank aims to become one of the world's top 100 lenders, driven by recent net profit growth and plans to expand into wealth management and acquis

India's record inflows into Gold ETFs indicate a significant shift from physical gold to diversified, long-term wealth creation strategies. This trend suggests

Morgan Stanley exceeded its Q2 estimates, driven by record-high dealmaking and trading revenue, and also achieved a significant milestone by surpassing $10 tril

Morgan Stanley की वेल्थ मैनेजमेंट इकाई को SpaceX के करोड़पतियों से बढ़ावा मिला है, जिससे निवेश बैंक ने AI बूम के कारण पूर्वानुमानों को पार कर लिया है।

Avendus' PE fund has acquired a ₹140 crore stake in Parag Parikh Financial Advisory Services, with Avendus managing director Ritesh Chandra noting wealth manage

A new class of ultra-high-net-worth individuals, dubbed "IPO Bros," is emerging from this summer's hot IPOs, including companies like SpaceX, Anthropic, and Ope

Korea's NH Investment and Securities will invest ₹900 crore in Choice International's broking and wealth management arm. This investment will be made in Choice