Fintech News
Gore’s Generation, Caisse Buy FNZ in $2.2 Billion Fintech Deal
Al Gore’s Generation Investment Management LLP and Canadian pension fund Caisse de Depot et Placement du Quebec teamed up to acquire control of wealth-management services provider FNZ in one of the year’s largest fintech deals.
Blockchain Tech Coming to Commodities, Masters Tells LME
The blockchain is coming to commodity markets, Blythe Masters told guests at the London Metal Exchange annual dinner during LME Week.
Bitcoin Turns Boring as Speculative Frenzy Fades Into Apathy
The words Bitcoin and boring have rarely been uttered in the same breath.
Virtu Is Pursuing Takeover of Investment Technology Group
High-speed trading firm Virtu Financial Inc. is seeking to acquire independent brokerage Investment Technology Group Inc. as pressure mounts for proprietary traders to branch out.
Steve Cohen-Backed ETF Platform Is About to Break New Ground
From helping to bring gold investing to the masses to devising ETFs for short-selling hedge funds, Hector McNeil has been at the vanguard of the passive revolution for the past 20 years.
Talking to Chuck About Schwab’s $3.6 Trillion Edge on Fintechs
Charles Schwab’s cheeks redden in a mixture of amusement and outrage as he recites the ways people on Wall Street make money.
Credit Suisse to Add Apple Business Chat for Rich Asian Clients
Credit Suisse Group AG said it’s making it easier for wealthy clients in Singapore and Hong Kong to communicate with its private bankers by integrating Apple Business Chat into its digital platform.
Institutional Investors Are Using Back Door for Crypto Purchases
Institutional investors are becoming more involved in the $220 billion cryptocurrency market than many observers may realize.
Fintech Investors Balk at Funding Circle’s Top IPO Price
European fintech entrepreneurs may have become too optimistic about the rewards from taking their companies public.
Crypto’s Open Secret: Its Multibillion-Dollar Volume Is Suspect
Four months ago, BitForex was just one of many obscure exchanges offering users the ability to trade cryptocurrencies like Bitcoin.
Financial Firms See Cyber Risks in Places Outside Their Defenses
The biggest financial firms see significant risk from cyber attacks, even if their companies aren’t the ones being targeted.