How Private Banks Support Entrepreneurs

Entrepreneurship is the driving force behind innovation, job creation and economic growth. However, starting and scaling a business is no easy feat, requiring not only a strong vision and determination but also access to financial resources and strategic guidance. Private banks play a crucial role in supporting entrepreneurs by providing a range of specialized services…

THE JOB MARKET IN PRIVATE BANKING: A PROMISING FUTURE

Currently, the employment market in private banking is looking bright and full of opportunities. With the global economy recovering from the effects of the COVID-19 pandemic, private banks are seeking to expand their services and offerings, creating a demand for skilled and experienced professionals. In recent years, private banking has experienced significant growth, driven by…

WHAT ARE THE CURRENT TRENDS IN THE PRIVATE BANKING MARKET ?

What types of services private banks provide ? The private banking sector is a specialized area of the financial industry that serves high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) who have substantial financial assets. Private banks provide a range of services such as wealth management, investment advice, estate planning, and tax advisory services to help…

The Stars and Stripes and Financial Secrecy

  Switzerland has a long-held reputation for financial secrecy, but it isn’t the top country when it comes to a lack of financial transparency. The country that is atop the rankings for being the most complicit in helping individuals hide their wealth is the United States, according to a biennial report released today by the Tax …

Let’s get phygital

More nimble fintechs have one advantage over traditional banks when it comes to responding to customer needs to improve customer experience. With over half of customers saying that banking is not fun, banks face the challenge of enhancing user experiences to address changing customer needs, according to the World Retail Banking Report 2022 from Capgemini…

The Bitcoin bullet train is going off the rails!

Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000   Tesla plans to accept bitcoin as payment for its products, filings with regulators on Monday show Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January and that it could accept the…

Appetite for takeovers on the agenda

M&A Roadmap for the Banking Industry in 2021   Mergers and acquisitions have returned back on the agenda of Swiss banking with force. Even if the mooted UBS-Credit Suisse-deal seems an unlikely proposition now, there are plenty of other options on the table for 2021, as an overview presented by finews.asia shows.   Big banking has found…