Managers of Wealth Americas

AI is reshaping banking—but not causing a jobs wipeout

For example, despite Wall Street’s headline-grabbing layoffs this year, overall headcount across banking and finance has remained relatively stable.

SEC charges crypto platforms and investment clubs over social media scam

The investment clubs and platforms then allegedly offered 'Security Token Offerings' that were purportedly issued by legitimate businesses.

SoFi Launches Fully Reserved Stablecoin to Power Financial Infrastructure for Banks, Fintechs, and Enterprise Partners

With the launch of SoFiUSD, SoFi is the first national bank to issue a stablecoin on a public, permissionless blockchain

Thread Bank secures $30.5m funding to support embedded banking strategy

Through the embedded banking strategy, Thread aims to provide “digital branches” embedded within partner platforms.

Visa launches stablecoin settlement in the US

Visa has launched stablecoin settlement in the US, letting issuers and acquirers settle in Circle's USDC token.

OpenAI is the 2025 Yahoo Finance Company of the Year

"And we've seen ... a lot of the ecosystem really start to move toward us to help us create this future."

JP Morgan arranges US Commercial Paper issuance for Galaxy holdings on Solana

The token facilitates delivery-versus-payment settlement of the primary issuance.

PNC First Major Bank to Launch Direct Bitcoin Access for Clients, Powered by Coinbase's Crypto-as-a-Service Infrastructure

Strategic Partnership Empowers PNC Private Bank Clients with Bitcoin Trading

Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures

The platform aims to revolutionize payments by enabling secure, real-time collaboration among merchants, banks, and service providers to combat the global US$10.5 trillion cybercrime threat.

Bank of America Broadens Access to Crypto Funds

Merrill Lynch is the latest to allow advisors to recommend crypto ETPs, and follows a move earlier this week by Vanguard to lift its ban on crypto funds.

Citizens Financial : Survey Finds AI Investment Accelerating as Companies Capture Greater Efficiency Gains

AI adoption is driving measurable ROI and emerging as a key factor in private equity decisions

AI companies' safety practices fail to meet global standards, study shows

The study comes amid heightened public concern about the societal impact of smarter-than-human systems capable of reasoning and logical thinking, after several cases of suicide and self-harm were tied to AI chatbots.

Nevis bags $35m to build AI for wealth management

The company, founded less than a year ago, develops technology aimed at freeing advisors from time-consuming administrative tasks.

Range Raises $60M Series C to Accelerate AI-Driven Wealth Management

The U.S. wealth management industry manages over $90 trillion in assets, yet just 1% of Americans have worked with a financial advisor

Wall St Week Ahead: Investors on watch for AI, economic updates as US stocks steady

Equities are poised to maintain this sensitivity, investors said, after concerns about overheated valuations took some of the steam out of a trade that has propelled markets higher this year.

Crypto Crash Ruins Thanksgiving for Retail Traders Once Again

Bitcoin is currently on track for its worst month since 2022, with smaller tokens facing similar declines.

Advanced Wealth Management Apps and Websites Continue to Score Points with Customers in Canada

TD Ranks Highest in Wealth Management Digital Experience Satisfaction in Advised Investor Segment, Wealthsimple Ranks Highest in DIY Investor Segment

Strategy and Bitcoin supporters call for ‘boycott’ of JP Morgan

“Crash JP Morgan and buy Strategy and BTC,” Bitcoin advocate Max Keiser said, as the online boycott movement gained steam.

Société Générale issues first digital bond in US market

The transaction is set to "open the door to future opportunities for additional issuances and potentially other applications", according to Société Générale.

BlackRock Aladdin Adds Luma Structured Product Data to the Aladdin Wealth™ platform

Mutual clients to gain deeper visibility into structured investments, better construct and manage portfolios across public and private assets.

FinTech