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Latest Results from /wealth

/wealth

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.

/wealth

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.

/wealth

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.

/wealth

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.

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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.

/wealth

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.

/wealth

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.

/wealth

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.

/wealth

FNZ acquires Germany's Fondsdepot Bank

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