JPMORGAN Chase & Co is hoping to grab a larger slice of Germany’s private-banking market as wealthy individuals increasingly turn to international companies for advice. Traditionally, rich Germans have often maintained loyal relationships with one local lender and one from Switzerland, according to Hakan Straengh, who runs JPMorgan’s private-banking business in Germany from Frankfurt. However,…
Following Private Banker International’s second Germany conference at the end of April, and a collapsed merger between two of the country’s largest banks, Oliver Williams takes a look at the future of private banking in Germany. Future of private banking in Germany: More Mergers After talks stalled between Deutsche Bank and Commerzbank last month, rumours have…
Private Banker International’s Germany Awards were announced on Tuesday at a ceremony in Frankfurt. These awards are an extension of the well established Private Banker International Global Awards that took place in Singapore last year. These awards are designed to identify leading institutions that are setting new standards in private banking and wealth management in Germany. …
