Asset Management

Amundi’s BPM Failure? UniCredit Seeks Powerful Replacements

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UniCredit, Italy’s largest bank, is reportedly exploring alternative asset management partners to Amundi, raising significant questions about the future of their long-standing business partnership. This strategic shift comes amidst growing uncertainty surrounding the backing of Banca Profilo Milano (BPM), a key player in the Italian financial landscape. The implications are far-reaching, potentially reshaping the Italian … Read more

$52 Billion at Risk: State Street’s Swiss Mandate Crisis

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The financial world is watching closely as State Street, a global giant in asset management and custody banking, faces the potential loss of a staggering $52 billion Swiss pension mandate. This significant development raises crucial questions about the future of State Street’s European operations, the implications for the Swiss pension system, and the broader landscape … Read more