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

Basel Committee approves disclosure framework and capital standard for banks' cryptoasset exposures

The Committee also approved a set of targeted revisions to the cryptoasset prudential standard.

Swiss fintech continues robust growth and innovation during the first half of 2024

The company made further progress in implementing its business development strategy and consistently pushed ahead with its innovation projects for the Altoo Wealth Platform.

Schroders Capital launches innovative tokenised ILS pilot

The pilot further builds on Schroders Group’s commitment to innovation and leadership in digital assets

Fintel completes £14m deal to buy Threesixty from Abrdn

Threesixty CEO Russell Facer said the business remained “committed to its clients and its teams”.

Lenovo implements Trustly's open banking checkout in UK and Europe

The checkout technology will be provided by Trustly, the global leader in open banking payments.

Trever raises €2.4M for asset management platform

With a strong command over the DACH market, Trever aims to expand further and gain a client base among Europe's banking institutions.

Objectway launches on the Italian market the portal for investors dedicated to alternative asset managers: first go live for Sagitta SGR

The growth of alternative investment funds is driven by increasingly multi-asset opportunities as well as a progressive opening to diversified clients.

ETC Group partners with HANetf to launch Europe’s first Web 3.0 ETF

According to the providers, despite substantial global investment in Web3, the theme remains in its early stages.

Micron share price reaction overdone as AI story continues to deliver for memory giant

Much of this will be investors simply positioning their portfolios for the news flow moderating somewhat from these AI growth names.

German government unleashes Bitcoin flood on crypto exchanges

The German government has recently transferred a substantial amount of Bitcoin to centralized exchanges, fueling market discussions and speculations.

Schroders Capital launches AI analyst for private equity

Schroders Capital’s proprietary and internal-only platform harnesses the technical expertise of its data science specialists alongside the deep investment knowledge of its private equity team.

EBO expands into Italy with new office in Milan

Italy is a fertile market for AI automation in healthcare

Italian fintech Banca AideXa secures €16m capital raise

Banca AideXa claims to have recorded a 25% increase in its disbursements in Q1 2024, despite what it refers to as the “credit crunch”.

How sustainable are the brands we buy? Provenance's new digital solution tackles greenwashing head on

Technology and sustainability are combining in really powerful ways to create genuine change

US sanctions leaders of software firm Kaspersky, bans sale of its antivirus

US says Russian firm poses national security threat

Deutsche Bank and Northern Trust publish study on 'The road to Institutional DeFi'

The evolution of DeFi and its potential to be applied to institutional use cases (in which financial applications are built on blockchain technologies deploying smart contracts) is of increasing interest to the financial services industry.

Arab Bank Switzerland Aims to Expand its Position Through Cooperation

The Wecan Comply solution will be implemented across the entire Arab Bank Switzerland group.

Swedish banks in race to build new technical infrastructure for Bankgirot to meet EU regulations

The SFSA has been kept up to date with the plan and work to implement it is an ongoing process of high priority.

Dineo Crédito teams up with Mambu to boost lending in Spain

The primary objective of this migration is to launch innovative lending products tailored to the evolving needs of their growing customer base in Spain.

Ageras to acquire French FinTech Shine from Societe Generale

In addition, Shine’s expertise and technological leadership within banking would strengthen Ageras’ banking activities across Europe.