3 articles
Victory Capital's February 26 acquisition offer for Janus Henderson puts the UK-listed manager's European operations under US ownership scrutiny. The deal reflects asset management consolidation as fee compression forces scale requirements while Janus Henderson's European subsidiaries face MiFID II and AIFMD compliance reviews under new ownership.
European insurers HSBC and Hiscox are leading sector performance through strategic capital market activities and operational refinancing. The moves come as insurance and banking conglomerates report robust earnings growth, with automation initiatives saving over 200,000 hours across three years while maintaining flat headcount despite business expansion.
Goldman Sachs has sold its Marcus loan portfolio, GreenSky platform, and Personal Financial Management unit while offloading the Apple Card program to JPMorgan by 2026. The Wall Street bank absorbed roughly $4 billion in consumer banking losses before pivoting to institutional finance through its new Capital Solutions Group and acquisitions of Industry Ventures and Innovator Capital Management in 2025.
