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

European Banking Job Cuts: The Stunning 200,000 Workforce Reduction as AI Takes Command

The relentless push for operational efficiency, now supercharged by AI, is compelling institutions to shutter physical branches and automate core functions at an unprecedented scale.

Cryptocurrency users must share details with HMRC in crackdown on tax evasion

Individuals who have sold crypto for a profit during the 2024-25 tax year may have reporting and tax obligations and be required to file a tax return before 31 January 2026.

Family offices boost crypto exposure, but experts warn on volatility going into 2026

The fall in crypto prices in the fourth quarter has impacted sentiment among family offices

Old meets new economy: AI boom to supercharge European banks' rally

Banks have started to use AI to improve operational efficiency and fraud detection, as well as to reduce staff costs.

Tikkie celebrates new record year and surpasses threshold of one billion payment requests

Annual records have been broken once again, marking a notable milestone: one billion paid Tikkies since the app’s launch in 2016.

UK Crypto Regulation in 2026: What New FCA and Bank of England Rules Mean for Circle and Tether

The U.K.’s emerging regulatory framework consists of two components: the Bank of England’s proposed regime for systemic stablecoins and new legislation establishing crypto services as regulated financial activities.

Amundi tokenises the first mutual fund to expand investor access

The technology and infrastructure for the tokenisation of unit-linked funds, the digital wallets for investors, as well as the digital order platform for subscriptions and redemptions are provided by CACEIS.

BBVA leads $30 million funding round in supply chain finance platform Olea

With this transaction, BBVA strengthens its role as a strategic partner and key driver of Olea’s growth.

Hargreaves Lansdown signs multi-million pound technology deal with Keystone

We see consistently compelling advocacy from our employer and employee clients based on the strength of our proposition

Bybit goes live in the UK

Bybit’s UK operations follow rigorous AML and KYC standards designed to enhance platform integrity

ABN Amro completes first blockchain-based 'Smart Derivatives Contract'

At the same time, ABN Amro's German subsidiary, Hauck Aufhäuser Digital Custody, has secured a MiCAR licence

How will technology develop in 2026?

Over the past decade, AI has evolved from a nascent technology into a cornerstone of the wealth management industry.

Deutsche Bank launches Wero for more simple and sovereign digital payments in Europe

Clients of Deutsche Bank and Postbank will from now on be able to send money and shop online across Europe using the Wero app

Data protection authorities launch joint investigation into Prospect cyber incident

By pooling resources and expertise, a focused, efficient and expedient inquiry will be delivered.

Broadridge Strengthens Platform for Alternative Investment Managers with New General Ledger Capabilities and a Redesigned User Interface

The new general ledger capabilities extend Broadridge’s portfolio management system by embedding period accounting and financial statement reporting directly into the investment platform.

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