UBS has announced that it is merging its two main wealth management businesses. The bank’s American wealth management business will be merged with its international wealth management division with effect from 1 February 2018 Scalable Capital has started offering...
DueDil research has found that there were 5.5% fewer start-ups created in 2017 than in 2016. It found that 647,923 new businesses were started in 2017 compared to 685,928 in 2016 EY survey has found that 59% of global banks expect to see their technology budget rise...
Digital Trade Chain Consortium has agreed to set up a joint venture company incorporated in Ireland to manage the roll out of Digital Trade Chain. The joint venture, which has also welcomed Banco Santander as a new consortium member, will be rebranded under the banner...
Cabot Credit Management, the UK’s biggest debt collector, has announced it is to delay its planned £1bn IPO after one of its directors, Peter Cook, the former chief executive of Provident Financial, resigned Goldman Sachs is to provide £100m of debt and equity...
Android Pay gets inside bank apps. Google has partnered with several banks including Bank of America, USAA, Discover and mBank to integrate Android Pay into their banking apps. This means that customers of these banks no longer have to download the Android Pay app to...
