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

Cryptocurrencies’ rise and fall – when diversification fails

The tale centres on a vain emperor persuaded by crooks that they have invented a special cloth only visible to intelligent people.

Hargreaves Lansdown picks Ecospend for Open Banking payment option

The payment journey removes the need to enter card details when adding money to an account, significantly reducing data entry errors and card fraud risk.

FNZ invests in cash management fintech

In addition, due to a lack of suitable options, savers typically do not invest cash assets onto platforms, preferring instead to go direct to banks or utilise specialist cash savings options.

Leonteq launches collaboration with Ixios

Additionally, Leonteq and Ixios will be launching thematic AMCs in order to seize more tactical market opportunities.

Hargreaves Lansdown agrees deal with open banking provider Ecospend

It is the Bristol financial institution's first foray into the open banking market

Revolut to roll out 'responsible' BNPL product across Europe

After checking customer affordability by linking to customers’ existing bank accounts through open banking, Revolut assesses customer suitability for ‘Pay Later’ with an underwriting process and will be given their own bespoke limit.

Abrdn eyes growth from investment technology as it aims to be more than a fund manager

At the time, the company was known as Standard Life Aberdeen – following the 2017 merger of Aberdeen Asset Management and Standard Life – and was facing challenges, including net outflows and declining revenue.

Marygold acquires Tiger Financial & Asset Management for UK expansion

Tiger founder Keith Halford says the company’s team will remain with the company and will continue “to advise Tiger’s clients and maintain the high standards of service they have come to appreciate”.

Northern Trust Appointed to Provide Asset Servicing Solutions to International Biotechnology Trust

Delivering Holistic Reporting, Trading and Administration Solutions for UK Investment Trust

Northern Trust Creates Digital Assets and Financial Markets Group

New Asset Servicing team unifies digital and traditional market functions.

The Tech Start-ups Sectors Dominating The UK In 2022

Despite the economic weight of the pandemic, entrepreneurs across the country have continued to take the plunge and launch their businesses, with more than 770,000 startups formed in 2020 alone.

Ousted Barclays CEO Turns £1 Million Into £600 Million Startup

One-time establishment banker Antony Jenkins is now looking to upend the finance industry

Meet InvestEngine: An ETF trading platform that just hit £70m AUM

Started by Gumtree founder Simon Crookall, over 10,500 investors are already using InvestEngine

Wealth Dynamix launches first simplified Client Lifecycle Management benefit calculator for Wealth Managers

The use cases include increases to prospect win rate and share of wallet via responsive nurture processes and opportunity management.

GoCardless launches new open banking features in Germany, amid projected rising adoption rates

For GoCardless merchants who use its direct debit service, Instant Bank Pay offers them an alternative to handling single non-recurring payments.

Wealth Wizards releases financial wellbeing app

Royal London is already using Turo Wellbeing to create a series of personalised journeys to help their customers improve their financial wellbeing and retirement prospects, through a guidance-only pathway.

Fintech helping advisers fulfil consumer duty lands £2.75mn

Using artificial intelligence, it can detect vulnerable customers by extracting information from client calls and automatically checking for signs of vulnerability.

Nucleus Finance launches new business loan to appeal to younger SMEs

The Nucleus Business Loan proposition replaces the SME lender’s Cash Flow Finance product.

Stripe to launch new bank transfer proposition in UK to take away "operational pain"

StrIpe’s new offering, already launched in Japan, is now being rolled out in the UK, EU and Mexico.

Instinet launches innovative digital private investment platform: Instinet DealMatch

Brings efficient access to private investment deals to a broader base of institutional investors.

FinTech