Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.
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The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.
Rest assured, competitors Deloitte, Ernst & Young, and PricewaterhouseCoopers are likely to follow in KPMG’s tracks.
For the crypto industry, President Trump is something of an enigma. But the launch of the Trump family coins was a bit, well, embarrassing.
President Donald Trump used the first hours of his second term in office Monday to make the emergency declaration.