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

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.

Tech sector leads exodus of 6,000 business owners

The analysis of filings at Companies House show that 5,940 business owners left the UK between January 2024 and January 2026.

ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure

In parallel, the regulator is running targeted workshops to identify how banks are using generative AI.

Bankdata selects Amundi Technology’s ALTO for its modular API based Wealth & Distribution Solution

Its platform portfolio covers mobile and online banking, card and payments solutions, and capital markets trading systems, and serves one third of Denmark’s population with its service.

Starling Bank’s SaaS business expands to fourth country

Engine by Starling is one of the company's fastest-growing revenue drivers

How can wealth managers balance AI innovation with cybersecurity?

Nevertheless, AI remains the largest area of investment.

Hoxton Wealth app hits $10bn in assets

The app now has 13,500 regular users worldwide, the majority of who are based in Europe, the Middle East and North America

UBP to build digital asset team

The Geneva-headquartered private banking group could launch crypto investment solutions later this year.

Pimfa WealthTech and Morningstar launch AI tech sprint

Participants will demonstrate how their tech solution leverages AI to create measurable business impact and improve problem solving.

If you’re not exploring digital identity, you’re already behind.

The regulation sets the standards and obligations, while the wallet is the practical app citizens and businesses will use every day.

Bank of Beirut UK Goes Live with Temenos Core and Payments to Accelerate Corporate Banking Growth

Temenos’ unified banking platform enables the Bank of Beirut to scale trade finance and deliver faster, more efficient banking services

Building a Composable Data & AI Ecosystem: Objectway and BEI on Driving Value Creation

The workshop was based on BEI’s applied research within the Competence Center for Future Financial Services.

Can AI Be Used To Give Financial Advice?

This comes despite warnings from some experts that seeking financial advice from AI can pose serious risks, with chatbots potentially delivering inaccurate and misleading advice.

HSBC Orion awarded DIGIT platform mandate

The UK is a home market for us and the sixth largest economy in the world.

HSBC selected for UK digital gilt pilot

This is exactly the kind of financial innovation we need to keep the UK at the forefront of global capital markets

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