Wealth management banking clients are shifting into

Wealth management banking clients are shifting into long-duration U.S. Treasuries amid market volatility fears. However, equity sentiment remains buoyant, with the Russell 2000 small-cap index climbing 1.1% in recent sessions. While McKay did not disclose specific acquisition targets, he acknowledged the presence of "some high-quality wealth franchises" that are likely to attract intense competition from other potential buyers. COLUMBUS, Ohio , Oct. 2, 2025 /PRNewswire/ -- Northwest Bank, a full-service financial institution offering a complete line of business and personal banking solutions, announced today the appointment of Matthew Bower as managing director, wealth management. Private wealth management banking portfolios are diversifying into commodities and precious metals alongside equities, tracking gold prices near $2,420/oz, seen as a hedge against potential dollar weakness.