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Latest Results from /wealth

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Insurers target crypto market

The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.

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SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

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Chase wealth planning tool draws millions of users

JPMorgan Chase says its free Wealth Plan digital money coach has helped customers create more than a million personalised plans in just a year since launch.

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French fintech ditches remittances in favour of DeFi

Tempo France claims it is the the first fintech in the money transfers market to suspend classical remittances in order to focus exclusively on decentralised finance (DeFi).

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Asset managers embracing AI but need to go further - survey

While almost all asset managers are already using artificial intelligence (AI) in their investment process, only a handful are using the tech for more advanced tasks, according to a recently published study.

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Robinhood co-founder steps down

Baiju Bhatt, the co-founder and chief creative officer of online stock trading firm Robinhood, has resigned from the company to "pursue other entrepreneurial interests".

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Goalsetter raises $9.6m to help families build wealth

Goalsetter a US financial education platform focused on helping families learn how to spend, save and invest, has raised $9.6 million in a Series A extension round.

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BlackRock claims tokenisation first

BlackRock, the world's largest asset manager, has taken its first step into the world of tokenisation.

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Theia Insights raises $6.5m to bring AI to investment community

A former Amazon Alexa scientist has raised $6.5 million for a startup vowing to bring foundational AI to the global investment community.

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BNP Paribas and Citi invest in United Fintech

BNP Paribas and Citi have become the first institutional investors in United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors.

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Octopus grows stake in Seccl as co-founders depart

VC fund Octopus is to grow its shareholding in embedded investment platform Seccl as co-founders Dave Harvey and Hugo Thorman depart the business.

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Citi wealth management pushes private bankers to record client calls - FT

Citigroup now monitors the frequency at which private bankers call their clients to push for growth in the wealth management branch of the business, according to reporting from the Financial Times.