Managers of Wealth Americas

BofA Gets Record Patents as Lender Focuses on Machine Learning

“The culture we’ve created at Bank of America is immensely creative and forward-looking.”

Coinbase Names Mitsubishi UFJ as Banking Partner in Japan

The move follows the Nasdaq-listed exchange’s subsidiary registering with the Financial Services Agency (FSA), the country’s financial watchdog, in June.

Scotiabank on hunt for 100 tech workers in Ottawa and Vancouver

"Ottawa and Vancouver are key markets for our Canadian businesses and are also home to highly skilled and diverse digital and technology talent.

Ethereum to exceed Bitcoin’s value within five years

“Ether is up around 240% this year, while Bitcoin is up less than 38%. In fact, it has outperformed all other benchmark assets in the first half of this year.”

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

Participating teams can test, build and validate their ideas with mentorship from leaders within the banks and event partners.

Celent Awarded NexJ an XCelent Award in the Advanced Technology Category, Recognizing NexJ's CRM Technology for Wealth Management

NexJ's wealth management focus helps advisors better engage with their clients and helps firms increase assets under management

Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods’ 50th anniversary

The statement appeared as a takeaway from Blockworks’ “Bretton Woods: The Realignment” conference that gathered economists, macro analysts and investors to discuss Bitcoin.

50 Years After Going Off Gold, the Dollar Must Go for Crypto

After Richard Nixon scrapped Bretton Woods, the U.S. currency’s exorbitant privilege only grew — because the U.S. embraced innovation, not regulation.

Warren Buffett-Backed Brazilian Crypto Bank Plans $2B NASDAQ IPO

The crypto bank may be purportedly going after a valuation exceeding $40 billion, but this number is not final since negotiations are still ongoing.

Why a Comprehensive Data Management Strategy is Essential for Capital Markets Success

The result: even a small error can result in trading delays, less-than-optimal client experiences or regulatory penalties.

These 13 banks have invested the most in crypto and blockchain to date

The data firm in an updated report this week published a list of 13 banks that lead in terms of size of funding rounds as a proxy of investment into the crypto space, saying it used that measure as banks participated in funding rounds with multiple or man

Developments in alternatives affecting product providers and distributors

While recent media headlines have focused on newer asset classes, here we explore the growth and opportunities associated with the somewhat less exotic world of hedge funds, private equity and interval funds.

RBC Ventures rolls out app for kids

Users get a digital Visa prepaid card immediately upon sign-up, and then they receive a physical card, which parents can lock and unlock at any time.

Schwab's Cash Strategy Costs Investors—and Itself—Millions

Charles Schwab's robo strategy for cash cost investors millions in the past six years. It's also a missed revenue opportunity for the discount brokerage, according to Backend Benchmarking's Robo Report.

SS&C GlobeOp Hedge Fund Performance Index: July performance -0.34%; Capital Movement Index: August net flows advanced 0.55%

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55% in August.

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