04/18/2023
These 2022 results far surpassed expectations for a year marred by the economic consequences of the ongoing war in Ukraine, Brexit, trade wars, sanctions, record inflation, and rapid interest rate hikes.
04/17/2023
Open banking, currently used by about 7 million consumers and businesses, was launched by an order from Britain's Competition and Markets Authority in 2018 requiring nine banks to share data with outside companies, if customers give permission.
04/12/2023
Though growth was driven by institutional investors, most private banks and wealth managers expect increased allocations from underexposed high-net-worth and ultra-high-net-worth clients in the coming years.