A major British fund manager, Schroders, and a banking giant, Lloyds Banking Group, have agreed to a complex strategic partnership that among other initiatives will yield a financial planning joint venture (JV) intended to jolt the wealth management space for the U.K. “The strategic partnership will combine Schroders’ investment and wealth management expertise and technology… Read More >>
BMO Capital Markets Explores Blockchain for Fixed Income
Pilot Involves Canadian Dollar Fixed Income Issuance Transaction BMO Capital Markets has successfully launched a pilot project for a fixed income issuance transaction that is “mirrored on a blockchain platform alongside leading pension fund investor Ontario Teachers’ Pension Plan (Ontario Teachers),” officials say in a prepared statement. “The transaction included Bank of Montreal as… Read More >>