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

AI and the euro area economy

With agentic AI, the technology may increasingly act as an independent economic agent rather than a technology that merely augments human effort.

Bytes Technology annual gross profit up despite Microsoft hit

But gross profit was up 2.3% to £167 million from £163.3 million.

Upgrading banks’ capacity to deal with digital risks

The ECB has long recognised banks’ operational resilience as a key area for improvement in the digital age.

Swiss Private Bank Dynasty Splits Over Clashing Views on Crypto

The split highlights both the challenges of managing a family business and the sometime dueling views of the outlook for Switzerland’s wealth managers

Banks push tokenized deposits as onchain cash race intensifies: Report

The report points to a growing set of bank pilots and deployments in Europe.

Europe Has an Edge in Developing Applications for AI

European defense tech startups are raising capital and scaling as demand surges for rebuilding military capabilities.

7IM partners with Delaware UK to accelerate innovation and enhance the adviser experience

The partnership is central to 7IM’s business priorities and commitment to delivering an unrivalled service experience for advisers and clients.

Sygnum Off-Exchange Custody Enabling TradFi Access to Crypto Market Volatility Opportunities; Assets Surpass USD 1bn

Fueled by these trends, and supported by the continued confidence in secure Swiss regulated infrastructure, assets on the Sygnum Protect platform surpassed USD 1 billion.

The IA urges asset managers to prepare for UK crypto regime

The guidance follows the UK government’s roadmap for a crypto assets framework, expected to come into force on 25 October 2027.

Avaloq strengthens Arab Bank Switzerland partnership

The bank will also roll out Avaloq’s RM Workplace solution in the front office, aimed at streamlining client interactions and boosting relationship manager productivity.

AI scams drove UK reports of fraud to record 444,000 last year

Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says Cifas

Temenos Earns the Solutions Partner with Certified Software Designation for Core Banking SaaS on Azure

The certified software designation underscores Temenos’ commitment to cloud-native core banking with the highest standards of interoperability, security and performance.

BBVA boosts audit productivity with AI assistant

The bank's internal audit team has developed a specific GPT within ChatGPT Enterprise designed to help auditors systematise data analysis.

SEB Private Equity becomes new owner partner of Multisoft Group

The result is shorter lead times, high flexibility and better conditions for an agile and business-oriented way of working.

Lloyds to sell customer data, cut IT costs to become “the UK’s biggest fintech”

Lloyds was under fire last month for using anonymised bank data of their employees to negotiate pay rises.

OPBAS identifies areas where anti-money laundering supervisors can improve

OPBAS is concerned that for some PBSs, their dual role as both a membership organisation and a supervisor can hinder effective action.

Bison Bank adopts Elliptic’s AI-powered analytics

Additionally, Elliptic's copilot assistant automates data collection, fund flow analysis, participant identification, and provides an AI-generated risk summary.

FCA names four firms to trial stablecoin use cases

The participants in the regulatory sandbox, set to commence in Q1 2026, include Monee Financial Technologies, ReStabilise, VVTX, and UK challenger Revolut.

Wealth managers back AI, but client trust is decreasing

Despite this apparent decline in client trust, UK wealth managers remain confident in the potential for AI to support them in their roles.

Iress targets large wealth firms after strong UK results

Group chief executive Andrew Russell said the results reflected a year of “disciplined execution” following the simplification of the business into a more focused wealth and trading software provider.

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