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New Year, New Deals

The industry isn’t easing into 2021. After a record year of mergers and acquisitions an estimated 181 in 2020, according to Echelon Partners along with continuing trends of breakaways to the independent space, it seems 2021 is simply picking up where last year left off. During the first full week of the new year, firms announced major deals. On Monday, SVB Financial Group revealed the same day that it planned to absorb Boston Private and it’s $16.3 billion in assets under management into its private banking and wealth management businesses. Despite receiving praises from many in the industry, it faces scrutiny from some of its shareholders. 

NYSE s perplexing China listings U-turn - More mega dream tech deals - Citi banker in legal spat

» NYSE reversed its decision to delist three major Chinese telecom companies in a move that s leaving some in the industry confused about what to expect next NYSE reversed its decision to delist three major Chinese telecom companies in a move that s leaving some in the industry confused about what to expect next Dan DeFrancescoJan 6, 2021, 20:58 IST Happy hump day! It s been quite a few days over at the Big Board (aka the New York Stock Exchange). On December 31, the exchange announced it intended to delist three major Chinese telecom companies - China Telecom, China Mobile, and China Unicom Hong Kong. The announcement was a result of an executive order signed by President Donald Trump back in November requiring US investors to exit positions in Chinese companies that could be considered a threat to US national security.

NYSE s perplexing China listings U-turn — More mega dream tech deals — Citi banker in legal spat

NYSE s perplexing China listings U-turn More mega dream tech deals Citi banker in legal spat Dan DeFrancesco The New York Stock Exchange s Stacey Cunningham rang the opening bell for Snowflake s first trading day. Happy hump day! It s been quite a few days over at the Big Board (aka the New York Stock Exchange). On December 31, the exchange announced it intended to delist three major Chinese telecom companies †China Telecom, China Mobile, and China Unicom Hong Kong. The announcement was a result of an executive order signed by President Donald Trump back in November requiring US investors to exit positions in Chinese companies that could be considered a threat to US national security.

Rockefeller Acquires Whitnell from Associated Banc-Corp

Rockefeller Acquires Whitnell from Associated Banc-Corp Rockefeller Capital Management has agreed to buy Illinois-based Whitnell & Co., a subsidiary of Associated Banc-Corp. Whitnell is Rockefeller’s second family office acquisition, following the addition of Silicon Valley-based Financial Clarity in 2019. Whitnell provides financial planning, wealth management and generational wealth transfer services for affluent families across the Midwest. “The Midwest is a key region for our national expansion, as our footprint continues to geographically align with where Americans build businesses and create wealth. As we unite our businesses, we will be better positioned to serve our clients and offer robust solutions to solve for the complex challenges they may face.” says Rockefeller family office president

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