All articles by Patrick Brusnahan
Patrick Brusnahan
Editor of Private Banker International.
What do financial entities operating in Europe need to know about DORA?
Over 22,000 financial entities and ICT service providers operating within the EU are expected to abide by DORA requirements.
UBP agrees to purchase Société Générale’s UK and Switzerland arms
Both transactions are expected to be completed by the end of Q1 2025.
Immigration Act: banks need to tread carefully to avoid discrimination claims
The requirement to undertake these checks was paused in 2018 following the Windrush scandal but took effect again in 2023.
Consumer Duty is transforming wealth management but there is still work to be done
Navigating the regulation’s requirements has also brought challenges.
Credit Agricole beats estimates and records in H1 2024
Excluding specific items, underlying net income for Credit Agricole Group amounted to €4,389m in H1 2024, up 11.4% compared to H1 2023.
Octopus Investments selects FA Solutions for investment management
The partnership is set to fine-tune the investment operations and processes at Octopus.
Aquiline agrees to sell Quintes to Brown & Brown
The Quintes management ownership team will also be selling to Brown & Brown.
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.