The firm will offer digital asset execution and custody in the EU.
Transparent Markets Europe has been established to submit a bid.
The deal expands Broadridge’s distribution solutions to help asset managers enter new markets & grow assets.
He will partner CEO Seth Bernstein to chart the asset manager's future.
Average daily volume increased 6% over 2024.
This merger places BNPP AM among the top three managers in Europe with over €1.6tr in AUM.
Accelerating growth in asset management is a priority for MetLife in its New Frontier strategy.
The regulator intends to reach a decision by early July 2026.
Crenshaw has spent more than a decade at the Securities and Exchange Commission.