As the complex and fast-evolving global macro-economic environment in 2023/24 impacts wealth flows dogged with persistent inflation and continued high-interest rates, private banking institutions are having to actively source new investment opportunities for clients that extend beyond conventional investment products, asset classes and markets. Importantly, investors are having to wrestle with heightened market turbulence and geo-political headwinds thereby elevating risks to portfolio growth and preservation not necessarily observed during previous market cycles.
Under the Global Private Banking Innovation Awards 2024 program, Global Private Banker received more than 210 entries from 50 plus participating institutions. Global Private Banker has its own proprietary assessment framework for evaluating the best-in-class entries. The key criteria encapsulate digital innovation, client experience & engagement, financial & business performance, and corporate strategy, with an emphasis on the ability of private wealth institutions to enhance value creation by leveraging new next generation banking technologies, offering differentiated product and service portfolios, and providing more meaningful and personalised wealth advisory.
Explore the 2024 Top 100 Global Private Banks Report to uncover the key trends shaping private wealth management and the transformative role of digital innovation. Discover how leading institutions are navigating the ‘Great Wealth Transfer’ and delivering personalized client experiences.
