WealthTech

BNY Mellon hits record $50 trillion in assets as UK gilt sell-off accelerates

BNY Mellon has surpassed $50 trillion in assets under custody for the first time, driven by strong third-quarter performance. However, record UK gilt ...

October 11, 2024
3 minutes

Maximising returns: Should investors trust robo-advisors or algorithmic trading?

Investors face a tough choice: stick with robo-advisors for steady returns or use algorithmic trading for faster gains. This article explores the pros...

October 9, 2024
6 minutes

BNP Paribas to acquire HSBC’s German private banking arm

BNP Paribas has signed a deal to buy HSBC's, opens new tab private banking unit in Germany as it continues to expand its footprint in wealth managemen...

September 23, 2024
2 minutes

HSBC pilots quantum-safe technology to secure tokenised gold

HSBC trials post-quantum cryptography to safeguard digital assets against future cyber threats....

September 19, 2024
3 minutes

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BlueFlame AI launches Nexus to streamline unstructured data for investment firms

BlueFlame AI introduces Nexus, a new AI-powered solution designed to streamline the management of unstructured data for investment firms, enhancing da...

September 17, 2024
2 minutes

What is all the noise about AI wealth managers?

The wealth management industry is rapidly transforming through AI adoption, with the market projected to grow significantly and interactions with AI r...

August 13, 2024
8 minutes

FTSE 100 logs second weekly loss, despite homebuilders’ late boost

London’s primary equity indexes closed the week with a second consecutive decline, despite a modest rebound on Friday driven by robust performance i...