About the Authors Rashawn Ray David M. Rubenstein Fellow – Governance Studies Samantha Elizondo Research Assistant, The Race, Prosperity, and Inclusion Initiative – The Brookings Institution Homeownership is often viewed as the entree to the American dream and the gateway to intergenerational wealth. However, this pathway is often less achievable […]
Wealth
JPMorgan, Lloyds moves may spur more wealth management fintech deals at UK banks
JPMorgan Chase & Co.‘s acquisition of Nutmeg and Lloyds Banking Group PLC’s takeover of Embark may spur further purchases of wealth management-focused financial technology firms as U.K.-based banks seek to cut costs and reach new customers. JPMorgan in June acquired Nutmeg Saving and Investment Ltd., a so-called robo-adviser, or online […]