$1.4B Wealthfront Acquisition Failure Has Major Implications for Fintech

At the start of 2022, one of the most hotly anticipated deals in the fintech world was the acquisition of robo-advisor startup Wealthfront by the Swiss bank UBS. The $1.4 billion deal was expected to bring a major influx of capital to Wealthfront while beefing up the digital power of a traditional banking giant...