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

Russia's Sberbank, enhancing AI offering, unveils second supercomputer

The supercomputer was named after the bank's first ever customer 180 years ago, Nikolai Christofari.

Bank of England takes next steps in digital money plan

The Bank of England and the Treasury are to launch a formal consultation on a UK central bank digital currency.

Growing digital divide threatens recovery from Covid-19

The report focuses on the 38 economies in which the EBRD invests.

Brompton Asset appoints Multrees to run platform technology

Multrees has ambitions to expand and told Money Marketing back in February it plans to double its client base within the next five years.

SS&C Announces Advent Product Updates

This release offers forward-looking technology to streamline workflows, provide key functionality to optimize operations and augments the overall user experience.

Klarna lands in Ireland

In the app, Irish consumers will be able to ‘Pay in 3’ at any online store, regardless of whether they are a Klarna retailer or not.

Banque de France reports back on wholesale CBDC programme

The bank says that the experiments showed how a CBDC can be used for wholesale payments, including cross-border and cross-currency payments and securities settlement.

Another warning from Bank of England as Bitcoin, Ether hit highs

The bitcoin price has reached a new record high, breaking through $68,000 and falling a touch to $67,920 at 11.05am on 9 November, amid positive and negative commentaries on the crypto space.

Investor strategy questioned as Bitcoin surges near record highs amid inflation fears

What is particularly worrying is that many investors get caught up the fear of missing out on rapid price gains and have borrowed money to invest in highly risky strategies.

Curmi & Partners onboards London-based FinTech firm to offer clients latest tech

With over 20 years of experience, the independently owned wealth management company provides the highest levels of personal expertise and advice to individuals and companies seeking meaningful returns on their investments.

Baillie Gifford selects FINBOURNE’s LUSID platform to boost investment data management

The platform will deliver a consolidated source of real-time investment data across Baillie Gifford’s equity, fixed income and multi-asset portfolios

Bank CEO announces that Monument achieves full banking licence

We are looking forward to every opportunity to differentiate ourselves in the eyes of our clients.

Danske Bank UK taps Aiia to launch multi-banking for businesses and corporates

The partnership also opens up for a new market entry for Aiia, who will be focusing heavily on empowering the UK and Ireland with their high quality and privacy driven approach to open banking.

Crealogix Special Issue November 2021: Development banks

Find the answers to these and many other questions on digital funding in this special edition of CREALOGIX Insights for Development banks.

Exclusive: US tech giant closes in on adviser platform Hubwise

Platform tech firm Hubwise's clients include Tenet, Sanlam and former NMA cover star Skerritts Consultants.

FintechOS updates platform to boost the productivity of financial technology

Many financial service providers have embarked on digital transformation projects.

Verto and ClearBank partner to serve SMEs with cross-border payments

Verto addresses FX and payments challenges SMEs face by providing an online marketplace to exchange currencies and make international payments to suppliers.

Emerald Technology Ventures Adopts Private Equity Servicing with Broadridge Blockchain Solution

Broadridge Private Market Hub to provide Emerald and Northern Trust greater transparency and efficiency in managing the private equity fund lifecycle

Chase’s UK current account now available directly via app stores

Chase has been taking a controlled approach to onboarding people, initially inviting users to sign up online. New customers can now download the app straight to their phones and sign up in a few minutes.

Citigroup, Starling chiefs urge caution over the UK’s plans for Britcoin

Anne Boden, chief executive of challenger bank Starling, said that if it is not planned correctly, a CBDC could seriously harm the retail banking industry’s business models.