Tag: Asset & Fund Management
Robinhood reportedly laying off 7% of staff in fresh round of job cuts
US stock trading app Robinhood is reportedly laying off around 150 staff, which accounts for 7% of its full-time employees. This marks the third...
Digital banking tech provider Backbase acquires wealthtech Nucoro
Digital banking tech provider Backbase has acquired UK-based digital wealth platform Nucoro for an undisclosed amount. Backbase plans to integrate Nucoro's offerings into its...
New CEO of Pipe builds “fintech dream team”
Pipe, a US-based capital platform, has recently appointed a new CEO, Luke Voiles, who has built a "fintech dream team" to bolster the company's...
HSBC unveils AI Markets for institutional investors and corporates
HSBC has launched AI Markets, a digital services offering that leverages natural language processing (NLP) to provide information, analytics, pricing, execution, and digital workflows...
UK fintech Revolut marks Latin America debut with Brazil launch
Revolut, a UK-based fintech firm, has launched in Brazil, marking its first venture into Latin America. The company will offer customers a multi-currency account,...
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank is set to acquire UK independent investment bank Numis in an all-cash deal worth £410m, as it aims to build out its...