Consumer Banking

Several European central banks look set for a pause, but resurgent inflationary pressures and slowing growth may complicate the job ahead. Governor of the Bank of England Andrew Bailey attends…

Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. As the Financial Times (FT) reported Saturday (Sept. 23), this added oversight is being applied to customers from…

LONDON, Sept 25 (Reuters) – Goldman Sachs and HSBC (HSBA.L) are among a group of five banks adopting a common global approach to disclosing clients’ stock positions, a move which participants say…

(Reuters) — A federal judge said Thursday that cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond. U.S. District Judge…

MILAN, Sept 20 (Reuters) – Italy’s UniCredit (CRDI.MI) on Wednesday said its strong fundamentals would allow it to bring forward up to 2.5 billion euros ($2.7 billion) of its 2023 share buyback…

MILAN, Sept 20 (Reuters) – The surprise bank tax Italy’s government introduced in August has no major impact on UniCredit’s (CRDI.MI) earnings, but the uncertainty it stoked is damaging, Chief Executive Andrea…

LONDON, Sept 19 (Reuters) – HSBC can still grow its global revenues even as central banks look to dial down interest rate rises in their battle against inflation, the bank’s…

SYDNEY, Sept 19 (Reuters) – The Reserve Bank of Australia considered a 25 basis point hike in interest rates before eventually deciding to hold the benchmark cash rate unchanged at…

MONTEVIDEO, Sept 18 (Reuters) – Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of the…

NEW YORK, Sept 11 (Reuters) – JPMorgan Chase (JPM.N) CEO Jamie Dimon blasted stricter capital rules proposed by U.S. regulators, telling investors on Monday that they could prompt lenders to pull back…

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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.

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                  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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