Private Banking

(Bloomberg) — Goldman Sachs Group Inc. has clinched $1 billion from Mubadala Investment Co. to scour for more private credit deals in Asia. The Abu...

Deutsche Bank has announced initial details on the future coverage of ultra-high net worth (UHNW) clients in its Private Bank. Last October, as part of the...

Kuwait-based Burgan Bank has named Meshari Abduljalil Shehab as its new general manager of private banking and wealth management, after receiving all the required approvals...

MUMBAI/BENGALURU, Jan 23 (Reuters) – India’s Axis Bank (AXBK.NS) edged past third-quarter profit estimates on Tuesday and signalled that deposit growth will eventually catch up with...

HSBC Global Private Banking said the Philippine economy to grow by 5.4 percent this year and expects the beginning of Fed rate cuts in June...

JPMorgan Chase (JPM) boosted the compensation of CEO Jamie Dimon after the lender earned more money in 2023 than any American bank ever. Dimon’s 2023...

Dec 22 (Reuters) – Sberbank (SBER.MM) could be an attractive candidate for privatisation, German Gref, CEO of Russia’s biggest bank, said on Friday, as the government looks...

ZURICH (Reuters) – Julius Baer’s exposure to toppled property group Signa could result in losses that far exceed the provisions taken by the Swiss wealth...

HSBC Global Private Banking (“HSBC GPB”) expects the beginning of Fed rate cuts in 03 2024, US soft landing, corporate earnings recovery, and solid Asia...

Brazil’s financial landscape witnessed a seismic shift as Itaú Unibanco, the nation’s largest private bank, announced its foray into the world of cryptocurrency trading Monday,...

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      The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

      COVID-19
      Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

      Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

      The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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