Companies
Morgan Stanley fined $35m for client data failures in US
Personal information of 15 million wealth customers was allegedly not disposed of properly
PE firm eyes sale of Italian life company
After regulator reportedly asked the insurer to increase its capital reserves by €250m
Progeny acquires Scottish professional services group
It is the firm’s fourth M&A deal in the country
International tech provider acquires ESG ratings firm
Deal will see the companies work together to create advice tools
Regulation to force ‘wave of M&A activity’ in Middle East wealth market
While advisers in the region turn to DFMs to streamline investment offering