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...
Emma, a banking app for millennials, has received FCA approval under the Payment Services Regulations 2017 Banks including Barclays, Lloyds Banking Group, HSBC, Royal Bank of Scotland Group, and Santander, as well as several European banks, have confirmed their...
UBS has said it will provide personalised recommendations and advice through its robo-advice website, not just guidance. The SmartWealth app recommends users one of five multi-asset strategies and the choice of investing using active or passive funds, with all-in fees...
Money Mail research has found 35 lenders, including Barclays, HSBC, NatWest and Halifax, have either increased mortgage rates or withdrawn their best deals since the beginning of October 2017 Visa research has found that more than 50% of 18 to 34-year-olds regularly...
UBS and Campden Wealth study has found that just 10 out of 262 of the world’s richest families suffered a decline in wealth in 2016. Three-quarters of the families increased their wealth, while 22% reported no change. The average return generated by family offices,...
