All articles by Patrick Brusnahan

Patrick Brusnahan

Editor of Private Banker International.

NatWest snaps up Metro Bank mortgage book in H1 2024

H1 2024 attributable profit totalled £2,099m for NatWest and it also made a return on tangible equity (RoTE) of 16.4%.

Wealthtech Powder gains $5m in seed funding

40 Silicon Valley firms invested in AI were responsible for the funding, including YCombinator, General Catalyst, Funder’s Club, Elefund, Litquidity Ventures, Script Capital and well-known technology executives Jon Xu and Bryant Chou.

What are the main cybersecurity trends of 2024?

PBI asks the experts on what the sector must look out for.

Clarity AI and Avalor collaborate on sustainability in Switzerland

This collaboration combines Clarity AI and its technology with Avalor expertise in portfolio management and client reporting.

China-Plus-One: what it means for ASEAN countries

China, to date, also remains a global manufacturing powerhouse with a comprehensive supply chain, developed infrastructure and expertise.

Octagos Health gains funding from Morgan Stanley

The Series B funding round was led by funds managed by Morgan Stanley Expansion Capital.

UBS: wealth returns to growth in 2023

This was driven by wealth growth in Europe, the Middle East and Africa, EMEA, (4.8%), as well as Asia Pacific, APAC, at 4.4%.

BNP Paribas and Mistral AI sign strategic agreement

This follows a relationship going back to September 2023 when the global markets division started testing with Mistral AI.

Goldman Sachs leads $36m Series C funding round for Canoe Intelligence

This latest round for Canoe represents a 3x increase in company value since its Series B funding in 2023.