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

Adnovum and Squirro are teaming up to transform banking, insurance and the public sector with generative AI

The aim of the collaboration is to further improve Adnovum's digital solutions using Squirro's modern technologies

Cyber group responsible for attacks in Jersey disrupted by UK National Crime Agency

The group is known to be one of the most prolific ransomware groups in the world, and has targeted organisations around the world, including in the UK and in Jersey.

PostFinance is launching a new crypto offering for Switzerland

The introduction is characterized by user-friendliness, transparency and attractive conditions for everyone.

SIX's digital subsidiary opens to bonds from all over the world

This is provided that they are evidenced by a global certificate deposited with a collective custody organization recognized by SDX.

How the EU AI Act could transform financial services

A system’s scoring on this chart will determine which level of regulation it falls subject to.

Wealthtime launches notification centre to save advisers time

Trackers for transfers and secure messages are also planned to be added to the notification centre.

Banking apps: Traditional institutions are putting neobanks in their place

Revolut, the leading neobank in Europe and Switzerland, ranks third, along with the foreign banking app Wise (formerly Transferwise).

UK fund tokenisation: summary of the Technology Working Group’s “Blueprint for Implementation”

The Report forms part of a wider initiative to harness the potential of innovative technologies, including blockchain and distributed ledger technology (DLT), for the UK asset management industry.

Virgin Money acquires abrdn's stake in joint venture wealth platform

The business has since added a pension product for users to save from just £25 a month and shift existing pensions to the platform.

VENCORA UK Limited publishes definitive notice of the end result of the public tender offer for all publicly held registered shares in CREALOGIX Holding AG

Ad hoc announcement pursuant to Art. 53 LR

Are family offices emerging as competitors to venture capital?

Until relatively recently, nobody was talking about family wealth – now it’s seen as a powerful driver of innovation.

AI in banking 2024: The most important questions and answers

A challenge here is identifying where exactly these investments need to be made.

Bloomberg automates workflow for EUR Swaps vs. Futures

The offering will, in due course, extend to cover spreads versus cash instruments, and additional exchange connectivity.

Deutsche Bank executes XTransfer’s first onshore Thai Baht trade in Thailand

From there, XTransfer can efficiently distribute the funds to its export clients, ensuring smooth cross-border transactions.

WealthArc is transforming the family office landscape with Artificial Intelligence

WealthArc empowers family offices, wealth managers and other wealth owners with a state-of-the-art data management platform aggregating over 200k positions every day across the globe.

Nearly half of wealth managers 'dissatisfied' with their tech systems

Wealth managers view their current technology systems as outdated, Avaloq says

Deutsche Bank Digital Transformation Strategy Insights Report 2023

The bank provides cash management, merger and acquisition advisory, equities, and capital market services.

Vanguard to launch app for UK investors

According to the firm the platform currently has around 575,000 investors in the UK holding almost £20bn of assets.

Allica Bank completes over £2 billion of business lending

Allica Bank was recently recognised as 2023’s fastest-growing company by the Deloitte UK Technology Fast 50 awards

Unlocking the potential of AI within financial management

While digital transformation is a key priority for businesses, business growth is understandably the top strategic priority for almost half (49%) of CEOs across the world.

FinTech