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Latest Results from /wealth

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Emirates NBD launches digital wealth platform

Emirates NBD has rolled out a digital wealth offering for users to trade securities and ETFs on over 11,000 global equities across 21 capital markets.

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Saga partners Flagstone on savings platform for over-50s

Saga, the British brand focussed on providing products and services to the over 50s, has teamed up with cash deposit platform Flagstone on a savings platform.

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Canada's Interac broadens access to e-Transfer service

Canadian debit network Interac is broadening access to its e-Transfer service beyond regulated banks and credit unions, with Wealthsimple the first new player to join.

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Wealthtech startup Vega emerges from stealth with $8 million equity investment

Vega, a UK wealthtech platform set up by a team of former executives from leading hedge funds, private equity firms, and fintech scale-ups, has launched with over $8 million in equity investment.

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Swiss B2B fintech GenTwo raises $15 million

Point72 Ventures has led a $15m Series A investment round in asset securitization fintech GenTwo.

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MSCI expands Google partnership to explore AI services

Benchmark provider MSCI has extended its partnership with Google Cloud in order to accelerate its development of generative AI services for the investment industry.

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Grayscale secures SEC legal win over bitcoin ETF

A US federal appeals court has sided with an asset manager in a lawsuit against the Securities and Exchange Commission (SEC) after the regulator denied an application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF).

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Goldman sells mass market wealth management business

Goldman Sachs continues its retreat from the mass-market banking arena, selling off its Personal Financial Management (PFM) unit to Creative Planning.

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Goldman considers sale of mass market wealth management business

Goldman Sachs is considering the sale of its Personal Financial Management unit, further accelerating its retreat from the mass-market banking business.

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Irish fintech funding slows down

Funding levels in Ireland's fintech sector have fallen again in the last 12 months due to economic and geopolitical challenges.

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Nutmeg chief quits Chase UK

Nutmeg chief executive (CEO) Sanjiv Somani has quit his role at the JP Morgan Chase-owned digital wealth manager.

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Shariah-compliant investment platform Mnaara raises pre-seed funds

London-based fintech Mnaara.com, a startup offering investors access to global private funds while complying with Islamic finance principles, has completed a US$500,000 pre-seed round funded by investors from the UK, US, Middle East and Singapore.