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

Bondsmith becomes a principal member of Visa

Our vision is to bring embedded banking to the wealth management industry to enable holistic financial management and planning

EY launches South West Innovation Hub as part of regional fintech investment

The hub, led by directors Dan Harris, Oana Beattie and Liam Snelling, will work closely with FinTech companies based in the South West, the University of Bristol and Fintech West to help serve clients locally, across the UK and internationally.

CaixaBank forms international consortium for cybersecurity research

The AI4CYBER consortium’s key objective is to design new cybersecurity services to understand, detect, and analyse cyberattacks, as well as prepare critical systems to withstand them.

Taiwan’s Next Bank Launches on Temenos

New digital bank backed by Chunghwa Telecom launches on Temenos core banking platform to bring products to market fast and scale efficiently

LegalTech Wolters Kluwer acquires Della AI

This technology allows legal professionals to review contracts in multiple languages by asking simple questions.

Customer Loyalty Lessons Traditional Banks Can Learn From FinTechs

FinTechs’ strategy of being more customized and experience-oriented than their traditional competitors seems to be getting results.

The Next Wave of Institutional Digital Asset Adoption

As many have pointed out, this was a failure in CeFi, not DeFi. A simple look at DeFiLlama shows that decentralized exchange (DEX) volumes are up by almost 70% despite market sentiment.

Revolut’s results delayed until early 2023

The fintech is grappling with increasing scrutiny by auditors.

Private Banks to Manage Future Digital Euro Wallets, Transactions

The European Central Bank's new progress report on a central bank digital currency outlines the role of financial intermediaries.

Swedish robo advisor Lysa expands to Germany

In addition, the robo advisor adjusts the risk of users’ portfolio to their individual situation and preferences, and also ensure that the same level of risk is maintained over time.

Digital SME lender Recognise Bank raises £25m

It currently offers a variety of flexible business loans and savings rates.

BIS wants banks digital asset exposure limited to 2% by 2025

Under the new prudential standard, commercial banks can only have 2% exposure to ‘unbacked’ digital assets, stablecoins “with ineffective stabilization mechanisms,” or even tokenized traditional assets.

Barclays and Maven invest in Manchester-based fintech startup Nivo

The platform includes task management, e-signing, machine-learning based identity document scanning, facial recognition, document collection, open banking and no-code automation capabilities.

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."