Cathay United Bank has collaborated with Avaloq to establish the first onshore private bank within Taiwan’s newly launched Asset Management Hub in Kaohsiung. This partnership utilises Avaloq’s core banking technology to improve operational efficiency and client service. The Financial Supervisory Commission (FSC) introduced the hub to foster growth in Taiwan’s wealth management sector. It will
TULSA, OKLA. (KTUL) — William Shane Garrow, a former Senior Vice President of Private Banking, was sentenced today by U.S. District Judge Gregory K. Frizzell to 71 months in prison for bank fraud and willfully making and subscribing a false federal income tax return. Garrow, 49, of Tulsa, was also ordered to pay restitution totaling
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stock trading platform Robinhood seeks to dive deeper into financial services with the launch of a banking product later this year. Robinhood Banking, set to be rolled out this fall, will offer checking
Listen to article Robinhood is stepping up its game in the financial services space, rolling out wealth management and private banking offerings aimed at retail investors with smaller portfolios. The move signals the trading platform’s ambition to shape user financial behavior beyond trading, offering tools traditionally reserved for high-net-worth clients. The company on Wednesday unveiled ‘Robinhood Strategies’, a