wealth
Goldman Sachs to buy pension robo-advisor NextCapital
Chicago-based NextCapital works with financial institution partners to provides tailored retirement plans for workplace plan participants and retail investors. Goldman...
US challenger Battle Bank signs with Temenos
Battle Bank is led by two pioneers in the banking industry, Frank Trotter and Vincent Amato, who were part of...
Research reveals ESG data challenge
However, by casting a wider net to capture the data they need to meet their regulatory requirements, firms then have...
Citi digital asset co-heads quit for new venture
Alex Kriete and Greg Girasole made separate LinkedIn posts within an hour of each other confirming that they are quitting...
Acorns co-founder raises $20m for micro-investing apps
Cruttenden founded micro-investing app Acorns with his son Jeff in 2012 before moving on in 2018 to launch Blast, a...
UBS joins $50 million round in client-centric investment platform Ethic
Ethic’s platform helps financial intermediaries meet the demand for personalised investment services, delivering custom equity portfolios that can be tailored...
Citi to exit UK retail market
"This proposal would enable Citi to focus on clients requiring comprehensive advice on managing their wealth and would benefit from...
Indian neobank Niyo raises $100m
Niyo has about four million customers for its banking and wealth management products, which are offered in partnership with registered...
Swiss digital private bank startup Alpian scores license and funding
Alpian, incubated by Swiss banking group Reyl Intesa Sanpaolo, has obtained its Finma banking license, paving the way for it...
Charles Schwab pays $187m to settle SEC robo-advisor costs
The SEC says that between March 2015 and November 2018, Schwab claimed that the amount of money within the robo-adviser...
