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

Hidden Road secures digital asset firm registration from the UK's FCA

Hidden Road is the only prime broker with both an FCA investment firm license and an FCA digital asset firm registration.

Digital euro to get thumbs up or thumbs down in 2023

The central bank says it will assess a further number of design and distributions options before presenting a full report to the Governing Council later next year.

Fintechs call for clarity over open banking reforms

The fintech coalition is concerned that “we have not received clear direction from the Joint Regulatory Oversight Committee (JROC) about how the 2017 CMA Order will continue to be enforced after the Open Banking Implementation Entity is dissolved.

UK’s $1trn tech sector takes #1 spot in Europe in 2022

The UK has more high-growth companies than European peers including created 144 'unicorns' and over 85,000 startups and scale-ups

Macquarie Asset Management makes £100 million debt investment in community fibre

This funding, which forms part of a £985 million financing package, will enable Community Fibre to accelerate the roll out of its network to more than 2.4 million properties across London and its surrounding areas by the end of 2024.

Fundsmith Extends Transfer Agent Relationship with SS&C

We look forward to working with SS&C, the world’s largest transfer agency provider, to constantly improve our customer service.

Standard Life parent invests £15m in Moneyhub

"Moneyhub is at the forefront of setting standards for the sector and a natural partner for Phoenix Group and our Standard Life business as it drives data regulation and access to Open Finance."

LHV UK appoints Jaywing to help create cloud-based data infrastructure

Jaywing benefits from over twenty years of experience working with some of the UK’s leading lenders and new entrants to the market, including Virgin Money, Vanquis Bank, TSB, Close Brothers and Starling Bank.

The digital euro: a flawed concept doomed to flop

Peter Bofinger argues that on the ‘digital euro’ the European Central Bank has dug itself into a hole it would do best to vacate.

Bank-backed consortium wins funding to test payments for EU digital identity wallet

The EU digital identity wallet is a secure app that, when it comes into being, will allow citizens across the continent to verify their ID, access public and private services and store sensitive digital documents in one place.

Alive and well: Why robo-advice remains a growth market

Tech-savvy clients demanding more transparency

Women in financial services: Bhavna Saraf of Lloyds Banking Group

Saraf habitually attends fintech events and conferences to scan the horizon for companies that have the technology to accelerate projects and look out for potential partnerships.

Rabobank hails blockchain pilot for euro commercial paper transactions

The transactions were executed, distributed and settled in under 30 minutes

Banque de France, HSBC, IBM test interoperability of wholesale CBDC

HSBC also uses blockchain for its FX Everywhere service, a DLT solution for the netting and settlement of FX transactions and payments.

Broadridge and Strate Connect to Streamline the Proxy Voting Lifecycle in South Africa

Strategic collaboration enhances proxy voting efficiency and supports higher levels of corporate governance

B2B InsurTech Bondaval raises €15 million

Bondaval has now raised more than $25 million to-date within a brief two-year period.

German Banks Respond to Big Changes With Transformation

Traditional banks are modernizing systems and business models as new competitors and products disrupt the industry, ISG Provider Lens™ report says

Fundvest opens in Lithuania

The mobile application operates in Android OS and iOS environments.

Clear Junction announces launch of escrow accounts for fiat and crypto trading

The escrow accounts solution is open to Clear Junction clients and is designed for use by crypto exchanges who want to provide their clients with an additional layer of security.

NatWest adds Confirmation of Payee to open banking payments

"Without CoP, these name checks would usually be done manually and result in a time-consuming laboursome process that is open to error. Now through the use of Payit, customers can do these automatically."

FinTech