• A  A  A  A  

Insignis On Bloomberg

by Insignis in News

Paul Richards, a former executive at Bank of America Corp., is the latest senior ex-banker to start a financial technology company, with a focus on cash savings for wealthy clients. A series of former senior bankers … are starting financial technology companies seeking to revolutionize the traditional banking industry, using decades of experience to carve fresh niches in everything from foreign-exchange trading to consumer payments. Their presence helps add weight to startups that might otherwise make little impact amid a glut of tiny firms. Richards, who retired from the U.S. company in 2014 after almost three decades, has opened Insignis Asset Management, a cash management company that collates multiple bank accounts for high-net-worth customers, according to a statement on Monday. The former co-head of Europe, Middle East and Africa corporate banking and debt capital markets at Bank of America, is chairman of the new Cambridge, England-based firm. Giles Hutson, who previously worked under him at the investment bank, is chief executive officer.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

FONT SIZE

  • A  A  A  A  

Press Contacts

Sally Maclachlan
sally.maclachlan@insigniscash.com
01223 200 674

TWITTER

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

We're pleased to partner with Redwood Bank to offer savings deposit accounts to Insignis’ SME and charity clients t… t.co/fi9WZEdxaZ

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

There is plenty of time to open an Insignis account before the NS&I rate change to make the most of the wider marke… t.co/8IFfQP7Yd0

Moneyfacts.co.uk's Twitter avatar
Moneyfacts.co.uk
@Moneyfacts_couk

Redwood Bank has launched a highly competitive one-year business savings account t.co/KXXE1t0B5L

Retweeted by Insignis Cash
Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

Interesting outlook discussion for 2020 from EY on Challenger Banks and market influences t.co/SKupbN18LY

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

Great idea to start the savings journey early and break inertia in the marketplace. t.co/9KwzwpVXlT

As Featured In: