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

An independent Scotland could be a leader in global finance

This opportunity will allow Scotland to transform the financial landscape, improve banking, and reshape the future of finance without the constraints of the current system.

HSBC builds innovation division from the bones of collapsed SVB UK

The unit represents HSBC’s “globally-connected, specialized banking proposition to support a broad range of innovation businesses and their investors,” the bank said Monday.

Cryptoasset firms marketing to UK consumers

The Government is bringing promotions of certain cryptoassets within our remit.

Three wins for Temenos at WealthBriefingAsia Awards 2023

Temenos recognized with the Overall Asia WealthTech Provider, Innovative Solution and Core Banking Software awards

Baloise Asset Management continues partnership with SimCorp

Baloise Asset Management manages the assets of its parent company, insurance firm Baloise Group, and provides investment strategies for asset classes including equities, bonds and real estate to third-party investors.

Fidelity Digital Assets more than quadruples revenue across UK business

Strong client demand and foreign exchange gains helped boost revenue at the UK digital assets business by more than 300% last year

What does AI think about AI in private banking?

PBI asked ChatGPT what it thought about the future of AI in private banking.

C. Hoare & Co. adopts Integral’s SaaS FX technology solution

The FX technology solution from Integral delivers advanced liquidity aggregation, a fully customisable pricing engine, and simple API integration.

Cyber crime 'will cost businesses $8 trillion this year' says Grant Thornton

“Cyber threats have escalated significantly in recent years and will continue to do so,” according to Mike Harris, cyber and forensics partner at Grant Thornton.

AI’s infrastructure points to a first phase of monetising

The development of artificial intelligence (AI), which depends on increasingly sophisticated computer chips, is only intensifying the stakes.

Third Financial records growth and deals for its platform

Third Financial, an investment platform, reports the addition of three new business wins in the first four months of 2023.

Is artificial intelligence under- or overestimated?

The key feature was a presentation by Samuel Widmann, who was instrumental in Google’s success as the co-founder and driving force behind Google Maps.

Mitigating the risks of GPTs in wealth management

From composing emails in business to writing content articles, the common perception is that GPT technology is here to replace humans.

BNP Paribas and NatWest go live on United Fintech’s CobaltFX

Going live with CobaltFX will allow the banks to manage credit exposures for their respective financial institutions and tackle onerous manual processes as well as broaden market access and control.

UK SPAC eyes £1.8m IPO in London

Ashington Innovation

EBAday 2023: EU and UK as global leaders in AI regulation

The opportunity and the potential risks presented by the technology continues to dominate headlines.

Natwest acquires majority shareholding in Cushon for £144m

Cushon co-founder and CEO, Ben Pollard, added: “This is the next exciting chapter for a great British fintech as we join forces with a great British bank.

In-house legal teams can help cyber security leaders combat burnout

The survey suggested that, although cyber security had not been considered a priority for many businesses in the years leading up to the Covid-19 pandemic

KPMG UK and MindBridge partner to bring AI technology to auditing

With growing public interest in the use of AI technologies, the alliance aims to act as a world-leading example of how to design, build and apply the powerful capability of AI

CaixaBank co-develops prototype for a personal payments wallet using the digital euro

CaixaBank is the only bank selected to participate in this initiative.

FinTech