Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading ...
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On the banking side, Robinhood is planning a debut rate of 4% yield (APY) for savings accounts, and a novel feature that will ...
On the private banking side, Robinhood is planning a ... In addition, Robinhood is also launching a personalized wealth management products under the brand “Robinhood Strategies,” with a ...
Tenev also mentioned that Robinhood is considering a bank charter and will revisit plans from 2019. Robinhood’s leap into ...
While Robinhood is introducing bank-like services, it’s not an FDIC-insured bank itself. Instead, it will work with a partner ...
(Reuters) -Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users ...