This press release caught my eye. 

A bank is investing in, but not acquiring, a privately owned multi-family office. Interesting!

We do not know if there are any other underlying reasons for this deal, which have not been reported, but it will be interesting to see how the relationship between the two develops and whether it brings in new clients. 

We know that many multi-family offices struggle to build scalability and improve their cost to income ratio against an environment of tighter regulations and increased competition.

Will we see more deals like it in the future?