Janus Henderson taps BNY Mellon for global data management platform
British fund manager Janus Henderson has selected BNY Mellon’s global data management platform in a bid to create a unified…
State Street Q4 2020 profit dips in challenging market
US-based asset manager State Street has reported a fall in both net income and revenue in Q4 2020, amid a low rate environment. On the bright side, the firm reported…
20 Jan 2021
20 Jan 2021
additiv launches Wealth Solution Builder
SaaS provider additiv has launched its Wealth Solution Builder, a new platform enabling banks and financial institutions to create their own solutions. Wealth Solution Builder allows financial institutions to build…
20 Jan 2021
Net income falls slightly for Charles Schwab in 2020
The 2020 results for Charles Schwab are out and it reported net income of $3.3bn for the year, an 11% drop from the $3.7bn in 2019. For Q4 2020, net…
19 Jan 2021
Bank of America sees net income drop a third in 2020
Bank of America reported a net income of $17.9bn in 2020, a 34% drop from the $27.4bn earned in 2019. Furthermore, net income for Q4 2020 also fell, from $7bn…
19 Jan 2021
Goldman Sachs profit jumps in Q4 2020 on trading boom
Goldman Sachs has posted a 153% year-on-year surge in Q4 2020 net earnings, with growth across all business units mainly Global Markets and Investment Banking. The investment bank’s net earnings…
19 Jan 2021
UK wealth manager Kingswood establishes new advice academy
British wealth manager Kingswood has set up an advice academy, which will offer a two-year programme for aspiring financial advisers. The first batch of four trainee advisers have joined the…
19 Jan 2021