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Latest Results from /wealth

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Euronext makes €5.5bn indicative offer for Allfunds

Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.

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Swiss prosecutors investigate 2022 Credit Suisse data leak

Swiss prosecutors have launched criminal proceedings aimed at those responsible for the 2022 leak at Credit Suisse which exposed the details of accounts held by wealthy clients allegedly involved in a host of illegal activity.

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M&G Wealth rolls out hybrid robo advisor

M&G Wealth is rolling out its robo-advisory platform twelve months after taking a stake in tech provider Moneyfarm.

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Moneyfarm names ex-Virgin Money CEO Dame Jayne-Anne Gadhia chair

UK digital wealth manager Moneyfarm has appointed former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia chair.

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FNZ buys YieldX

Wealth management platform FNZ has made its second acquisition in a week, buying YieldX, a US-based provider of fixed income portfolio management technology, optimisation services and direct indexing tools.

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FNZ acquires Germany's Fondsdepot Bank

Wealth management platform FNZ has acquired German credit institution Fondsdepot Bank.

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Goldman Sachs fintech unit makes $1.2bn loss in nine months

Goldman Sachs' newly-created "Platform Solutions" unit, which houses the firm's fintech, credit card and transaction banking operations, made a pre-tax loss of $1.2 billion in the first nine months of 2022.

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ICapital preps tech hiring spree

Alternative investment platform iCapital is boosting its technology team with 100 hires in the US and Portugal.

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Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

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Finextra's year in review

With 2022 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

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MSCI taps Microsoft Azure for investment intelligence platform

Investment analysis and index firm MSCI has unveiled an integrated platform built on Microsoft Azure to give investors access to content across its portfolio of products.

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Teen-focused educational investment app tendy signs for WealthKernel tech

A new educational investment platform for UK teens, called tendy, is teaming up with WealthKernel to power its investing services.