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

LLB Group posts record result

Group net profit increased to CHF 71.1 million. All three market divisions and booking centres contributed to this robust growth.

Bitcoin crosses $50,000 as PayPal offers crypto products in UK

The broader cryptocurrency market was up 1.7% over the 24 hours to Monday morning to reach a market cap of $2.14tn (£1.57tn), according to data provider CoinMarketCap.

Everest Group names Capgemini a leader in application and digital services in banking

The ADS banking IT services market grew by a CAGR of 6% in the last two years, as banks accelerated the adoption of digital platforms to orchestrate banking ecosystem and experiences.

Iress board progresses bid from European private equity firm

Under the terms of the third bid a revised offer of A$15.91 cash per share also comprising cash consideration of A$15.75 is to be paid by EQT.

45% of family offices regard cryptocurrencies as a hedge

71% of institutional investors from Asia are already invested in crypto assets.

APG positions for a digital future

This means investing substantially in a data hub to store external and internal data and investing in resources to interpret and use the data.

5 FinTech companies from the Nordics making an impact

It will make FinTech products an integral part of our digitalized life.

Challenger banks make reputational gains in business banking

The business banking sector is a big target for digital challengers and some are already building good reputations in the market

Investment platforms can learn from Open Banking

The Financial Conduct Authority (FCA) has responded, finally, to my compendium of transfer issues which so many of you kindly took the time to share.

Earnings of Big Tech companies

The five largest technology companies ‒ Apple, Amazon, Alphabet, Microsoft and Facebook ‒ account for 22 per cent of the S&P 500 Index

Finastra and Salt Edge collaborate to provide a more personalized banking experience

Combined offering provides instant PSD2 and global Open Banking compliance for an open, secure and personalized banking experience

Ethereum to exceed Bitcoin’s value within five years

“Ether is up around 240% this year, while Bitcoin is up less than 38%. In fact, it has outperformed all other benchmark assets in the first half of this year.”

Banks and Financial Brands Can Boost Their Innovation with Labs and Accelerators – How?

In the end, banks and insurers survive or die on their ability to innovate.

Bank of Ghana, German firm collaborate on digital currency

The Ghanaian central bank said in a statement that GD would provide the technology and a solution that suits Ghana’s requirements.

UK fintech Paysafe to acquire e-commerce payment platform SafetyPay for €374.7M: Know more here

In a recent development, the company announced that it has signed a definitive agreement to acquire US-based digital payment platform SafetyPay, for $441M (approx €374.7M) in an all-cash deal.

Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary

The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to discuss Bitcoin.

Digitising Wealth Management in the Post-Pandemic Future

Only cloud infrastructure and services have grown in 2020.

Contemi Enabled a Leading Nordic MGA Achieve Substantial Efficiencies By Automating Guarantee Management

This resulted in higher sales and a competitive edge in the market.

SIX Digital Exchange prepares for next phase of development

As with any infrastructure, success will be defined by scale, and our challenge going forward will be to develop the relationships and partnerships – ecosystem, if you will – that will enable us to offer our clients what they are really lookin

New Group Head of IT to revamp PraxisIFM IT infrastructure

The appointment follows a period of change for the business and several significant acquisitions in recent years, followed by the recent announcement of the proposed sale of its Fund Administration division to asset management Group Sanne.