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

Independent expert to review RBS computer meltdown

FSA orders Royal Bank of Scotland to appoint independent expert to establish what went wrong and why in June IT failure

Ulster Bank to pay €35m over IT glitch

The bank, which is owned by Royal Bank of Scotland, also said that it would waive certain fees and interest charges for three months – and, from Monday, will start reimbursing “reasonable” out of pocket expenses incurred by customers as

Banks' regulatory spend spurs Rule Financial's growth

IT consultancy boosts revenues by 15%, with growth in the UK, US and Canadian investment banking markets, as well as in nearshore development centres in Poland and Spain.

Standard Life calls review of digital ad business

The search for an agency follows a recent restructure of Standard Life's global business, which included the departure of its UK marketing director, Bruce Kelsall, after nearly three years at the company.

Dutch customers unimpressed by Deutsche Bank service

A spokesman for Deutsche Bank accepted there are problems but said they were improving the situation 'by the hour'.

Advent Portfolio Exchange Receives Top Honors by CEB TowerGroup

Advent's Asset and Wealth Management Solution Sweeps All Four Categories for "Best-in-Class" Technology Solution

Dion Global plans to tap ‘pockets of expenditure’ for growth

Dion Global Solutions is a software solutions and information research services provider for financial institutions across Asia Pacific, Europe, India South Asia, Americas and West Asia and Africa. Mahindra Satyam acquired about 15 per cent in Dion, earli

Bravura Solutions and BNY Mellon ink 10yr technology deal

The deal also includes ongoing professional services work and a managed hosted service agreement.

Cloud computing changes all rules in banking

The first model is the “analytical multi-channel” bank.

Rule Financial expands domain group

Most recently with UBS, Potok held the position of executive director, global head of structured rates middle office.

Legg Mason launches 'global bond markets' website

The website is designed to help investors evaluate the income opportunities in a broad range of fixed income sectors and users will be able to access weekly bond market updates, expert industry perspectives and recorded webcasts and videos with key portfo

SS&C Launches New Brand

SS&C Technologies has announced the launch of its new corporate brand, including a new logo and corporate slogan.

Sarasin & Partners launches first iPad App

It will provide trustees and professional investors with a comprehensive work of reference and guide to investment.

Knight Capital's $440m trading loss 'caused by disused software'

On August 1, the dormant system started multiplying stock trades by 1,000, according to Bloomberg. Knight’s staff looked through eight sets of software before determining what happened, it is claimed.

How has banking IT changed after the industry's Armageddon?

The news sent the City into meltdown and took thousands of IT jobs with it.

Global wealth managers predicted to spend $35bn on IT by 2016

Apps are expected to be a key part of the development plans for groups.

Pershing Launches Practice Management for UK Clients

Pershing has brought its successful practice management programme to the UK, enhancing the services offered to wealth management and financial planning clients and reinforcing its partnership approach to clients' business growth.

Linklaters Selects LexisNexis InterAction as Global CRM Tool

InterAction aggregates and de-duplicates client data such as client profiles, financial information, notes and activities to provide a 360 degree view on clients. This insight helps firms to identify the complex connections among people, companies, relati

UK Wealth Manager Selects Advent’s Platform for Asset Management

The wealth caters to high-net-worth individuals, and has £2 billion in assets under supervision.

Parmenion pilots wealth management ‘toolkit’

New toolkit includes white label documents that can be branded with an advisers logo and includes portfolio-building guides.

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