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Latest Results from /wealth

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Raiffeisenlandesbank to offer crypto investments

Austria's Raiffeisenlandesbank aims to become the first traditional European bank to incorporate cryptocurrencies and other digital assets into its investment offering for clients.

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Iress to reduce global headcount by 10% amid major restructuring

Financial technology firm Iress is to cut ten percent of its headcount amid a restructuring effort that will entail a leadership reshuffle and the divestment of its the Managed Fund Administration and platform services.

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Virgin Money launches digital wealth platform

Virgin Money has launched a digital wealth management platform for retail investors through a joint venture partnership with abrdn.

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FCA to host Greenwashing TechSprint

The UK's Financial Conduct Authority is to host an international operational forum aimed at developing tools to tackle the rising tide of greenwashing in financial services.

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BTG Pactual mints dollar-backed stablecoin

BTG Pactual, the largest investment bank in Latin America, has issued its first stablecoin through Mynt, the Bank’s crypto platform.

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Private banking startup Kashet raises £5.4 million

Kashet, a Swiss-UK-based private banking startup, has come out of stealth mode after raising £5.4 million in an initial funding round.

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Study shows rise in online stock trading

Online searches for 'stock trading tips' and 'how to start trading' have increased by more than 200% since 2004 according to recently published data.

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Morgan Stanley and Stripe tap into OpenAI's GPT-4

Morgan Stanley Wealth Management is tapping OpenAI's GPT-4 to deliver content and insights into the hands of financial advisors. Payments giant Stripe is also integrating GPT-4 into its products and services.

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Droit gets UBS backing for expansion into wealth management

US RegTech Droit has secures $23 million in Series B funding with support from Pivot Partners and UBS as co-leads, and existing investor Goldman Sachs.

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Fintech deals in Singapore reach record levels

Singapore's fintech sector enjoyed a mixed year in 2022, with a record level of activity but a significant drop in the level of funding, according to recently published data.

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UK government announces delay to Pension Dashboard initiative

The UK's wealth management and pensions industry has expressed its disappointment at the announcement of a delay to the much anticipated Pensions Dashboard project

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Wells Fargo unveils digital platform for wealth management customers

Wells Fargo has launched a digital platform to help its millions of wealth management customers plan and track their money.