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

We will never open a bank, says Avaloq CEO Greweldinger

Many fintech firms seek banking licences to boost valuations, which leads to easier funding access and smoother exits.

Blackstone to build £10bn AI data centre in UK

Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.

Crypto Finance sharpens strategic focus on its core business in Switzerland and Europe and announces the sale of its Asset Management entity to Matrixport

Going forward, CFAM will operate under the name Matrixport Asset Management AG.

French FinTech Qonto expands to 4 new European markets

There is great potential to help them thrive, and Qonto’s geographic expansion into Austria, Belgium, the Netherlands and Portugal aims to support them in driving their growth and success.

How can tech solve the increasingly complex MPS problem?

Advice firms favour discretionary model portfolios because they simply lack the resources to comprehensively analyse and actively manage investments for each client.

Estonian fintech startup raises €10 million to build a unified platform for portable credit profiles across Europe

Mifundo’s goal is to establish a truly unified credit market in the EU, reducing financial inequality and providing better access to financial services for all European citizens.

Pictet raises over $200m for second tech fund

The fund, structured as a Sicav-Raif and domiciled in Luxembourg, is Pictet’s second technology-focused thematic private equity vehicle.

Almost Two Thirds (59%) of Financial Services Firms Admit They Are Risk Averse When It Comes to Technology

Consulting at Davies commissioned an independent survey of 501 senior decision-makers within UK-based financial services companies.

Moneyfarm: Acquisitions and swelling client base help wealth manager’s assets surpass £4bn

The pan-European investment adviser said on Wednesday that its assets had surpassed £4bn in the six months to the end of June, growing 51 per cent compared to the same period in 2023.

Wealthtech start-up for women Propelle launches in the UK

Propelle has so far secured over £1.2 million in pre-seed funding, with women reportedly comprising 90% of the most recent investors.

LUKB is the first traditional Swiss bank to launch the deposit and withdrawal of cryptocurrencies with secure custody

From October 1, 2024, LUKB customers will be able to transfer their cryptocurrencies Bitcoin and Ethereum from other wallets

BlackRock joins Fintech Scotland

BlackRock has a long history in Edinburgh and our partnership with FinTech Scotland demonstrates our ongoing commitment to the local market

7IM launches latest wave of platform enhancements, including integration with ZeroKey

The web extension also enables advisers to easily access their clients’ data, placing it at their fingertips to move it to wherever they need to.

Gresham Technologies and Alveo announce plans to rebrand as Gresham: A New Chapter in Enterprise Data Automation

Gresham’s rebrand and product transformation reflects the company’s continued leadership in functionally-rich enterprise data automation solutions.

HSBC pilots quantum-safe technology for tokenised gold

Quantum security represents next-generation technology for protecting digital assets

FE fundinfo’s Paul Ronan tells us how asset managers can turn data into their most precious resource

Having accurate, timely, and comprehensive data can be transformative for asset managers.

Swiss private Bank Syz tokenizes artwork with Taurus

The Ethereum-based security tokens aren’t being sold.

CaixaBank, selected by the Bank for International Settlements and the Institute of International Finance to explore new digital payment methods in international transactions

The project builds on the unified ledger concept proposed by the BIS

“Reinventing the resilience of companies to cyberattacks”

Our goal is to make our solution a secure cloud storage standard.

How green data will power the energy transition

Data-driven technologies can also be used to turn EVs into a nationwide battery pack