Wells Fargo has spent the last few years overhauling its wealth management business. Now, the banking giant is trying to convince hundreds of financial advisors...
Two veterans of mobile banking firm MoneyLion have launched Astraeus, an infrastructure platform for wealth management companies. The company announced its launch last week, saying it comes as wealth management...
Swiss bank UBS is reportedly planning to launch a bank for wealthy Americans. As part of that effort, the lender is months away from trialling...
Investment management-focused AI startup Moment has raised $78 million in new funding. The company’s Series C round, announced Tuesday (May 19), comes as Moment works to advance adoption of...
Revolut has received regulatory permission to expand the scope of its trading business. The approval from the U.K.’s Financial Conduct Authority (FCA) will allow Revolut Trading to bring...
Commerce Bank parent company Commerce Bancshares grew its trust fees by 26%, or $14.5 million, year over year in the first quarter as it targeted...
Citi has deployed four artificial intelligence (AI) tools across its wealth division, one for clients and three for advisors, each designed to shrink the distance...
Goldman Sachs’ new private credit fund is reportedly going against an industry trend. As Reuters reported Monday (April 6), investors have requested to repurchase just...