05/09/2018
Schwab ramps up RIA tech and digital innovation
Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs.
FinTech
05/09/2018
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
His startup, Xapo, has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunker.
05/04/2018
Bitcoin trading comes to Goldman Sachs after investment bank hires first cryptocurrency trader
The operation, led by the firm's first ever "digital assets" trader Justin Schmidt, is expected to begin within the next few weeks, though an exact date has not been set.
05/03/2018
Amazon CEO Implies Spending His Billions on Space Travel Is Philanthropic
Unabashedly, Bezos responded to Dopfner’s query, saying “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it.”
05/03/2018
Why Even U.S. Wealth Managers Should Care About GDPR
The implementation of GDPR may seem scary, but it really isn’t all doom and gloom.
05/02/2018
CAIS Selects SEI
Strategic Relationship Significantly Enhances Advisor and Fund Manager Transaction Experience by Intelligently Digitizing Subscription Documents and Automating Manual Processes
05/01/2018
Peter Thiel-Backed Venture to Help Big Investors Bet on Bitcoin
Tagomi expects to be the equivalent of a broker-dealer, executing orders to buy or sell cryptocurrencies
04/30/2018
Bitcoin is a Gamble not an Investment, Warns Warren Buffett
Mr Buffett’s latest comments follow more than four years of warnings about bitcoin, after first dismissing the cryptocurrecny as a “mirage” in 2014.
04/30/2018
6 Billionaires Whose Fear of Death Is Fueling a Boom In Biotech Startups
Ultra-rich individuals often employ a team of professional money managers to take care of their personal wealth through what’s called a family office.
04/22/2018
San Francisco fed head: Crypto is not currency
The head of the Federal Reserve Bank of San Francisco believes that crypto lacks the core features required to define them as a currency.
04/19/2018
Bitcoin is flashing a rare buy signal, crypto hedge fund manager says Bitcoin is flashing a rare buy signal, crypto hedge fund manager says
"It's 65 percent below its high, you don't get that opportunity very often," Morehead said.
04/18/2018
Family Offices: Beware of These Startup Investing Pitfalls
In emerging markets, family offices can face a number of challenges when they try to invest in startups.
04/16/2018
Goldman buys personal finance app Clarity Money
Founder Adam Dell becomes partner as Wall Street bank expands digital revenue sources
04/16/2018
Capabilities key to firms’ future success
'Arms race' underway to make better sense of data
04/16/2018
SS&C completes acquisition of DST
We are pleased to move forward as one company following the combination of two highly complementary market leaders,” said Bill Stone, Chairman and Chief Executive Officer of SS&C.
04/12/2018
MoneyLion Plus adds full checking and savings capabilities
The company hopes the latest additions to further boost this momentum.
04/11/2018
Stevens Institute of Technology Awards Sean Hanlon Highest Honor for Professional Achievement and Service
"The 2018 Stevens Awards Gala recognizes ingenuity and innovation in our alumni, and I'm proud we're honoring Sean Hanlon this year,"
04/11/2018
Bank of America: Bitcoin Bubble Is Already Popping
The bank published a chart comparing bitcoin with famous financial manias: the Mississippi Company and South Sea Company in the 18th century, gold, the U.S. stock market in 1929 and the Dutch tulip bubble in 1637.
04/10/2018
JPMorgan Asset Management rotates China exposure amid volatility and trade tensions, eyes health care
Re-rating has hit the returns that can be expected from IT and tech stocks, including Alibaba and Tencent, says chief investment officer for emerging markets in Asia-Pacific
04/10/2018
Soros Fund Management is planning to invest in cryptocurrencies
The news agency sources informed that Adam Fisher, the head of macro investing at Soros Fund Management, has already received internal approval for cryptocurrency operations.