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

Calastone tokenizes asset management fund flows

This innovative service delivers a simple, frictionless route into tokenisation, without requiring asset managers to change how their funds are structured, administered, or serviced.

Klarna IPO is the latest signal of a wider fintech recovery says Artis Partners

This follows another challenging 12 months for the industry, with UK fintech investment falling to $9.9bn in 2024 - a decrease of 27% compared to the previous year.

Alpha FMC: Regulation, AI and private markets to shape asset & wealth management growth

With AI adoption and expansion into private markets shaping the industry, companies embracing transformation will be best positioned for the future

Barclays data shows contactless spending broke new record in 2024

For the fourth consecutive year, the over 65s were the fastest growing group of contactless users, with 84.1 per cent of this group currently using this payment method.

HSBC Private Bank live with new core banking system, Avaloq Banking Suite

Global giant HSBC has deployed Avaloq’s flagship core banking solution, Avaloq Banking Suite, for its private banking operations.

Hargreaves Lansdown extends free electronic voting service to US and Canadian stocks, giving 1.9m retail investors a greater voice

The electronic service, which has been available for UK and EU equities since January 2023

Mediobanca strengthens its investments in AI and cloud-based computing solutions by consolidating its partnership with Microsoft

Developing staff members’ digital competences, which is central to the partnership with Microsoft and applies across the whole Group

Lloyds puts leadership team through AI training programme

The programme will involve intensive in-person sessions with virtual masterclasses and applied projects.

Lloyds Bank partners with edtech firm to train senior team on AI

Starting this month, the bespoke programme will see over 200 senior leaders at the financial firm taking part in the training to further strengthen the organisation’s AI capabilities.

AI can ‘help us discover vulnerability’, says TISA

It provides a score for different aspects of their business and a graphic display of the results, as well as a series of recommendations.

Sygnum Establishes Lugano Office and Launches Bitcoin Initiative to Advance Regulated Bitcoin Products and Research

Sygnum’s new Lugano office will serve as a convenient local access point for Sygnum’s expanding roster of Ticino based clients, prospects and partners.

Pimfa WealthTech and Morningstar invita applications for AI TechSprint

Access to high-quality data, robust evaluation metrics, and seamless integration tools remains a barrier for many looking to leverage AI effectively.

Standard Chartered granted licence in Luxembourg to offer digital asset custody services

The opening of the business in Luxembourg is part of Standard Chartered’s global digital asset strategy, enabling broadening of its digital asset portfolio.

BNPL credit startup Qlarifi raises £1.4 million

Qlarifi’s platform aggregates BNPL consumer credit data, creating a complete picture of customers' borrowing and repayment history across different providers.

Quilter Cheviot launches new client app and portal

Replacing legacy versions, both the app and the portal have been designed to help improve client experience

Annual Broadridge Global Distribution Achievement Awards Honour Market-Leading

Performance and Fastest-Rising Firms Across the Spectrum of Fund Distribution BlackRock, Robeco, and J.P. Morgan Asset Management are among the major category winners

Temenos issues CHF 250m 5-year bond

The bond attracted strong demand across a broad spectrum of institutional investors as well as private banks.

Niiio finance group brand names swallowed by Etops

They now demonstrate their unity through a homogeneous market presence.

Moneyfarm completes acquisition of Willis Owen and sees assets exceed £5.5bn

This acquisition marks Moneyfarm’s third successful UK expansion in the past three years, following the seamless integrations of Profile Pensions and Wealthsimple’s UK book of business.

Citigroup plans to slash IT contractors, hire staff to improve controls

"Citi is growing our internal technology capabilities to support our strategy to improve safety and soundness, enable revenue growth and drive efficiencies," Citi said in a statement to Reuters.

FinTech