Fintech Wealthfront is rolling out new portfolio customization tools, ESG options, and crypto features as it looks to keep pace in the competitive robo-advisor space
Robo-advisor Wealthfront announced the launch of portfolio customization tools and socially-responsible investment ETFs. The fintech also said it would look to offer access to crypto investments later this year.
More on Wealthfront’s plans to keep up in the robo-advisory space.
Bank of America is asking employees to voluntarily disclose vaccine status, as Wall Street looks to get staffers back in the office
Brian Moynihan
REUTERS / Bobby Yip
Bank of America is asking staff to voluntarily disclose their vaccine status, with some 7,000 employees in the wealth management unit having already done so. Read more here.
Goldman Sachs-backed startup Deserve just launched digital-first credit-card software aimed at tapping into the rise of embedded finance
Deserve
Deserve’s clients can issue cards digitally, and embed features like spend and rewards tracking within their own apps. Get the full rundown here.
FIS launches its own real-time payments network, RealNet, as demand for faster money movement rises
Phynart Studio/Getty Images
With real-time payments adoption on the rise, FIS is launching its own network. It will first focus on B2B use cases, before rolling out offerings catered toward consumers and governments. Here’s what you need to know.
Thoma Bravo just scored a record-setting loan from Owl Rock to fund a $3.75 billion fintech purchase, as the private credit boom ramps up
People walk past the New York Stock Exchange on Wall Street
Thomson Reuters
Thoma Bravo just scored $2.3 billion from Owl Rock to support its purchase of Calypso Technology. Learn more here.
Citadel poached Citi’s head of equity derivatives trading in the US, the latest in a string of exits in the bank’s trading unit
CNBC/ Heidi Gutman
Citadel hired Citigroup’s Dan Baranovsky as a portfolio manager in equity volatility. Here’s what we know.
Odd lots:
Morrison & Foerster is starting to track its lawyers’ calls, emails, and website visits in an effort to squeeze out billable hours, according to a leaked email (Insider)
