Standard Chartered: Why the ‘S’ in ESG is a priority in private wealth Environmental, social and governance, more commonly known as ESG, has become a ubiquitous term to describe responsible and sustainable business practices, but in most cases, the ‘E’ or environmental considerations, particularly climate change, has been the primary focus. Companies – and their investors…
The winners of the Private Banking Switzerland Awards have been announced! This year’s winners for the Private Banking & Wealth Management Switzerland Awards have been announced and there were a number of worthy winners. From incumbent banks such as BNP Paribas and UBS to newer players such as Appway and Unblu, there was a…
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 …
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…
Credit Suisse is adding two new hires to service wealthy Israeli clients, with one joining from rival UBS. Credit Suisse is hiring Joseph Wolf from Barclay’s as the CEO of Israel, effective April 4, finews.com has learned. Wolf has nearly three decades of banking experience during which he developed a strong tech sector focus, highly relevant for…
Danske Bank -Sale of private banking activities in Luxembourg completed Danske Bank has completed the sale of its private banking activities in Luxembourg to Union Bancaire Privee (Europe) S.A. (UBP). The customer relationships were successfully transferred to UBP over the weekend. ‘We are pleased that so many of our customers and colleagues in Luxembourg have found a…
Mega-Moves: What’s Driving The Movement Of Advisors And Teams Managing A Billion Or More? Change is typically motivated by a combination of pushes and pulls. Yet in the case of advisors managing $1B+, those factors are even greater. 2021 is proving to be an extraordinarily active year of movement amongst advisors at all levels,…
If you usually check the medias, the most common word you’ll see is “Investment”. The markets are currently welcoming more entrepreneurs than they’ve ever had. The number of successful Entrepreneurs is rising and each one of them is bringing more people into business through different ways: Consulting, Influence on social media, word-of-mouth… Many people are…
J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital J.P. Morgan Asset Management today announced the launch of J.P. Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customized solutions for early and growth stage companies across the…
IN A POST-PANDEMIC WORLD, SOCIAL MEDIA CONVERSIONS WILL DRIVE BANKS’ SUCCESS The past year highlighted the growing importance of digital customer experiences in the financial services industry as COVID-19 continued to accelerate the pace of digitization. Unable to connect in person, consumers turned to digital tools. One survey conducted between late March and early…
