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Banking Corner: Big tech payment rules, Robinhood’s financial advisers, UBS seeks US license

Image of a sign saying "Robinhood Protection Guarantee."
Photo: Scott Olson/Getty Images

Robinhood plans to build a platform for advisers and clients to view their managed assets from within the Robinhood app itself leads our roundup.

Let’s take a look at some finalized rules, an enforcement action, the largest wealth transfer in history (probably) and Senator’s Warren’s message to Wells Fargo. Plus, UBS is seeking a banking license from the Office of the Comptroller of the Currency. Let’s dig in.

Robinhood buys TradePMR

Robinhood has bought