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

UK business confidence remains strong as firms boost AI investment

But confidence has still declined over the first half of the year – amid global uncertainty as economic growth remains sluggish around the world.

Atom Bank joins the neobank profitability club with £4m annual profit

At its current quarterly run-rate, Atom says it is generating more than £100m of annualised net interest income and more than £25m of operating profit.

JP Morgan confirms Germany expansion for Chase neobank

CEO Jamie Dimon revealed the move in an interview with Handelsblatt.

Revolut launches joint accounts in the UK

Joint Accounts along with Revolut <18 can become a centre of family finance, but they can equally be used by all types of duos, whether that be partners, siblings, roommates or friends.

Letter highlights FCA’s concerns over ‘high-risk nature’ of cryptoassets

The FCA said it anticipated this being the method used by most cryptoassets businesses, but reminded cryptoassets firms that it is not its role to work with applicants to prepare their applications for registration.

“Cyber attacks have always existed”

Karl im Brahm, CEO of the German unit of the software provider, talks to editor Lisa Brunner about innovative solutions in the areas of wealth management, asset management and banking.

Temenos Strengthens Its Executive Committee to Accelerate Its Business Growth

Temenos is announcing the following changes to its Executive Committee, effective immediately

Jersey headquartered Prosperity 24/7 expands into UK with new Edinburgh office

The new company, Prosperity Scotland Limited, will be based in Edinburgh as part of Prosperity Group Limited.

Broadridge Awarded Best Global Proxy Voting Service Award at Goodacre’s Systems in The City Awards

Recognised as industry leaders in enabling seamless investor voting and engagement for the fifth year running

Raiffeisen Bank International adopts ION package to meet ISO20022 deadline

Since 2021, ION has also worked closely with RBI on the latter’s ISO 20022 adoption strategy.

U.K.'s CMA open to exploring changes to $69 billion Microsoft-Activision merger

The CMA noted that discussions with both firms are at an early stage and that the timeline of the next steps in the matter would be laid out in due course.

HSBC joins UK’s commercial quantum secure metro network

These keys can be used to encrypt and decrypt sensitive data and are safe from eavesdroppers or cyber-attacks by quantum computers.

Moneyhub teams up with wealth management solutions provider

To improve advisers’ ability to help their clients identify and monitor progress against their goals

Atos launches Technology Consulting advisory portfolio for C-suite

All of this is included in our portfolio of services – from assessment through strategy development, to a roadmap showing how to achieve it all.

Bailey calls for 'public debate' on digital pound introduction

A 'major step'

Four business benefits of generative AI in wealth management

GPTs can help wealth managers navigate complex regulations

Moneyhub partners with wealth planning solutions provider Voyant

The partnership will give advisers using Voyant’s platform instant and real-time access to the complete picture of the clients’ financial world.

BofE taps Nuggets for digital pound privacy layer

Now, the firm is being asked by the central bank to design a private and secure system that prevents the tracking and correlation of transactions, as well as stop fraud and money laundering.

Bank-backed Irish payments app faces more delays

Synch is building a money-transfer app, called Yippay, on behalf of AIB, Bank of Ireland, KBC Ireland and Permanent TSB to help the banks take on the likes of Revolut.

AI revolution: who’s profiting now from generative AI?

Our AI revolution series explores the views of our experts on the fast-evolving topic of AI. In this Q&A, members of our public and private equities teams consider which types of tech companies may be best placed to reap the rewards.

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