Wealthtech

Everon Is the First Fintech Company to Be Crowned Switzerland’s Best Asset Manager

Once again, Everon performed outstandingly in the asset manager rankings compiled by BILANZ. Alongside the title of ‘Asset Manager of the Year’, the Zurich-based fintech company took first place in two further contests and second place in another. This demonstrates

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London Stock Exchange Inks US$325 Million Deal to Acquire TORA

The London Stock Exchange Group (LSEG) announced that it has agreed to acquire TORA, a US-headquartered cloud-based technology provider that supports customers trading multiple asset classes across global markets, for US$325 million. The acquisition is expected to close later this

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Instimatch’s UK Subsidiary Munix Partners With Goldman Sachs Asset Management

Instimatch Global along with its UK subsidiary Munix, the digital network for institutional money market borrowing and lending, is partnering with Goldman Sachs Asset Management’s (GSAM) Mosaic platform. The partnership aims to augment Munix’s core offering by adding access to

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UBS Acquires Digital Wealth Manager Wealthfront for 1.4 Billion USD

Today, UBS and Wealthfront, an automated wealth management provider, signed an agreement whereby UBS would acquire Wealthfront in an all-cash transaction valued at $1.4 billion. With over $27 billion in assets under management and more than 470,000 clients in the

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Raiffeisen’s Valyo Stops Online Security Issue Platform

Valyo AG discontinues business activities – Raiffeisen Switzerland guarantees paying agent function for issued securities. Valyo AG was founded in 2019 and was able to launch its platform in June 2020, which digitised the issuing process of bonds end-to-end. Shortly

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Veteran Banker Martha Boeckenfeld Joins GenTwo’s Advisory Board

Swiss securitisation specialist GenTwo announced that former banker Martha Boeckenfeld will be joining its advisory board with immediate effect. Working together with the GenTwo team, she will play an important role as a new member of the advisory board by helping to

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VT5 Becomes First SPAC to Go Public on the SIX Swiss Exchange

VT5 Acquisition Company has become the first company to go public on the SIX Swiss stock exchange through a special purpose acquisition company (SPAC) listing. The IPO comprised an offering of 20,000,001 class A shares along with 6,666,657 redeemable warrants,

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BBVA Switzerland Adds Ether to Its Crypto Trading Service

BBVA Switzerland, the Swiss franchise of Spanish multinational financial institution BBVA, has expanded its cryptocurrency custody and trading service with the addition of Ether to its investment portfolio. Its private banking clients and new gen customers will now have access to

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