Latest Results from /wealth
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Royal Bank of Canada is piloting an online financial advice platform that uses live video to connect clients with staffers in real time.
30 March 2017
Norwegian digital bank Skandiabanken has acquired a 39.9% stake in local AI and machine learning outfit Quantfolio as part of a push into the provision of robo advisory services for customers of its private savings division.
23 March 2017
Private equity group Warburg Pincus has acquired a 35% stake in Avaloq, valuing the Swiss core banking firm at CHF1 billion.
22 March 2017
OCBC Bank is piloting a robo-advisory service from Singapore fintech firm WeInvest, appealing to both novice and market savvy investors.
07 March 2017
Credit Suisse has partnered with Singaporean account aggregation startup Meisitis to provide clients of its digital private banking platform with a single portfolio view of their holdings across multiple institutions and asset classes.
02 March 2017
Hong Kong-based social trading startup 8 Securities has launched a mobile-only robo-adisory service targeting the millennial generation that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE).
17 February 2017
Bank of America Merrill Lynch is tapping the expertise of its investment officers, rather than algorithms, for the US launch of its online advisory platform.
09 February 2017
The founder and CEO of online investment manager Scalable Capital has lashed out at the Governor of the Bank of England Mark Carney, accusing him of a "deep miscalculation of priorities" for singling out robo-advisory services as a potential force for future financial instablity.
31 January 2017
The world's largest wealth manager, UBS, has inked a $300 million-plus, multi-year deal with technology firm Epam Systems as it seeks to put IT at the heart of its cost reduction programme.
18 January 2017
The State Bank of India (SBI), the country's largest lending institution is to experiment with branchless banking after announcing plans to launch a digital-only bank later this year.
06 January 2017
Munnypot, a mobile-first robo-advisor service created by the former founders of financial advisory firm Cavanagh Group, has soft-launched in the UK with a range of corporate partners.
21 December 2016
True artificial intelligence may still be some years off but the financial services industry is already beginning to reap the benefits of augmented intelligence, says a data scientist working on IBM's Watson.
08 December 2016
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