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Goldman Sachs Alternatives has unveiled its latest private equity fund, G-PE, as part of its ‘G-Series’ suite of open-ended private markets funds. 

The launch is a significant step toward increasing access to private market investments, building on the firm’s 36-year legacy as an innovator in the space. 

With its evergreen private equity approach, the G-PE fund gives investors exposure to all of Goldman Sachs’ premier private equity businesses. Opportunities in co-investment, growth, buyout, and secondary strategies are all included in this. 

Standard Chartered has established an entity in Luxembourg, positioning itself as a regulatory gateway to the European Union (EU) for crypto and digital asset custody services. 

This development comes in line with the EU’s Markets in Crypto Assets (MiCA) regulation, highlighting the bank’s commitment to expanding its digital asset portfolio to meet growing client demand. 

Union Bancaire Privée (UBP) has announced the successful completion of its acquisition of UK-based SG Kleinwort Hambros from Societe Generale. As a result, SG Kleinwort Hambos will become Union Bancaire Privée (UK) Limited. 

UBP now manages over £20bn of client assets in the UK and will be lead by Mouhammed Choukeir, CEO of Union Bancaire Privée (UK). He will be in charge of all of UBP’s wealth activity in the UK, Channel Islands and Gibraltar. 

Standard Chartered has established SC GPT, a generative AI (GenAI) platform that aims to improve operations, increase productivity, and personalise client experiences. The technology, which is currently available in 41 markets, marks a critical milestone in the bank’s AI-driven transformation. 

SC GPT aims to empower more than 70,000 people worldwide by optimising procedures, boosting sales and marketing tactics, automating software development, and strengthening risk management. The solution was created with a heavy emphasis on ethical AI, assuring responsible implementation throughout the organisation. 

Financial services company Robinhood has introduced a comprehensive suite of features to enhance its wealth management portfolio. 

The suite comprises Robinhood Strategies, Robinhood Banking, and Robinhood Cortex. 

Robinhood Gold members now have access to services traditionally reserved for high-net-worth individuals, including private wealth management and private banking.