05/28/2019
The product, developed earlier this year, is being rolled out in the bank's asset-management division, where the firm says the technology is among is the first of its kind among fund managers.
05/22/2019
The new members in the property and casualty sector are Aon, CNA Financial Corporation, Everest Reinsurance Company, Extraordinary Re, The Hartford, The Norfolk & Dedham Group, and Selective Insurance Company of America.
05/22/2019
The fund reinvests cash flows into 25-60 listed companies with a minimum market capitalisation of $300m that capitalize on innovations in analysis, forecasting, efficiency, automation, consistency, and scale.
05/20/2019
The chief investment officer at Bank of America Merrill Lynch, Michael Hartnett, has recently caused a bit of a stir. Specifically, Hartnett has come out and said that the recent rise in the price of Bitcoin is a sign of a looming recession.
05/17/2019
The intersection of banking and technology, such as artificial intelligence, most prominently appears in fraud management and customer service.
05/17/2019
United Bankshares Inc., which has 139 branches in five states and Washington, D.C., is also innovating.
05/17/2019
A crypto asset can be used as an investment, to transfer amounts or for access to services, and does not constitute a form of legal currency.
05/09/2019
Lorenzo de’ Medici founded the bank alongside Ed Boyle, who was previously managing director of Americas at Fidor Bank and vice president and general manager of American Express’ prepaid card business before that.
05/07/2019
The launch of this new service will initially be aimed exclusively at institutional investors, who will invest through Fidelity’s new digital asset trading service, aptly dubbed Fidelity Digital Assets