- Managers of Wealth - Europe -Wealth, private banking and asset management news and opinion

FNZ loses appeal over CMA decision to block merger with GBST

FNZ has failed to convince the Competition and Markets Authority to reverse its order that it must sell off rival investment platform GBST following an appeals tribunal hearing.

City of London calls for 'paradigm shift' in tech at banks

RegTech refers to the emerging use of technology to streamline and cut compliance costs at financial firms, such as for reporting data on market transactions to regulators and spotting crime.

Contemi Solutions Joins Managing General Agents’ Association to Empower MGAS with its Digital Capabilities

As the MGAs prepare to respond to the new market demands and opportunities, they are challenged with the limitations of their existing processes, legacy systems, and high costs.

City of London calls for ‘paradigm shift’ in tech at banks

“We are calling for more to be done to support the sector to grow and thrive, strengthening London’s global competitive offer and benefiting the wider UK economy,”

AutoRek to take a bite out of the Big Apple with virtual trade mission

The aim of the trade mission is to establish international partnerships with the opportunity to explore joint ventures, distribution deals and other mutually beneficial practices.

Introducing The Irish AML Regime For Crypto Providers

This update highlights the key requirements which will apply to VASPs and the new registration requirement.

TSB launches bill management and utility switching service

With the pilot demonstrating that customers can save significant sums, TSB is now rolling out the feature to customers.

SocGen issues structured product as security token on public blockchain

Societe Generale has issued the first structured product as a security token directly registered on the Tezos public blockchain.

Capgemini and Efma launch global Financial NewTech Challenge 2021

Global competition seeks to identify the most innovative solutions and collaborations in the banking and insurance industries

Objectway Listed In March 2021 Gartner Intergrate Advisor-Supporting Wealth Management Technologies Into Digital Platforms To Accelerate Adoption Report

WealthTech Suite fulfils today’s need for advisor desktop, being ready for tomorrow’s broader digital ecosystem

PwC unveils fintech marketplace

These solutions make it easier for customers to open up bank accounts, obtain specialised finance, move house and even digitally sign documents.

Wealth Dynamix Launches Cloud-based Client Lifecycle Management SaaS Solution for Wealth Management Firms

CLMi’s lean and agile infrastructure eliminates the need for complex and time-consuming configuration

Russia pushes ahead with digital ruble

The bank has opted for a two-tier retail model

HSBC joins Bian

Due to the scale of its business, HSBC brings a wealth of perspective to BIAN.

EU’s Investment Bank Poised to Deploy Blockchain for Bond Sale

EIB hires investment banks to explore a potential deal

TrustQuay opens Luxembourg office

In addition to Luxembourg, TrustQuay has 8 other offices worldwide in key markets which include Jersey, Guernsey, United Kingdom, Singapore and Australia, serving more than 460 customers and 17,500 users in over 30 jurisdictions.

HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin

The bank now prohibits its customers from buying the stock of public companies that are holding bitcoin in its treasury.

French state investment firm CDC on tokenized digital assets: opportunities, challenges

During that time, the CDC has been involved in some of the highest profile blockchain projects in France, which have informed Filali’s views on the tokenization of financial assets.

Iress partners with Cosaic to bring ChartIQ to its market data platform

The integration means Iress Pro users can analyse data faster, more accurately and in a more flexible way.

AI giant to accelerate UK growth with $475m financing

Founder and CEO Ted Bailey told BusinessCloud that the money – which values Dataminr at more than $4 billion – will be used in part to “significantly broaden our international footprint”.

FinTech