Banking
Schroders slashes valuations of UK neobanks Revolut and Atom Bank
Schroders Capital Global Innovation Trust, which holds a stake in Revolut, has devalued its investment by 46%, suggesting that £12bn ($15bn) could be wiped...
Banking
Platform One snaps up £1bn worth of assets from SIPP operator Gaudi
UK-based investment platform Platform One has acquired Gaudi Trustees Limited, along with £1bn ($1.4bn) worth of assets managed by Gaudi Limited, a self-invested personal...
Banking
BMO Financial Group names Darrel Hackett as new US CEO
BMO Financial Group has appointed Darrel Hackett as its new US CEO, president and CEO of BMO Harris Bank and CEO of BMO Financial...
Banking
Goldman Sachs mulls potential sale of BNPL fintech GreenSky
Goldman Sachs is considering selling its fintech lender and buy now, pay later (BNPL) provider GreenSky, which it acquired in September 2021 for $2.24...
Banking
Wealth app Chip appoints Gina Silvester as new COO
Chip, the UK-based wealth app, has appointed Gina Silvester as its new Chief Operating Officer (COO), replacing Sharon Miles who is joining OakNorth Bank...
FinTech
Private market exchange ADDX raises $58m pre-Series B funding
Private market exchange ADDX has raised $58 million in a pre-Series B funding round, bringing its total funding raised to date to approximately $120...
Banking
DriveWealth: Secures $450m Series D funding
DriveWealth: Secures $450m Series D fundingDriveWealth has secured $450 million in Series D funding, giving the company a new valuation of $2.85 billion
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