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UBS weighs retaining Credit Suisse unit serving India’s rich

Zurich: UBS Group is considering retaining Credit Suisse Group’s private banking unit in India after the emergency rescue of its smaller rival last month, paving the way for a potential…

Finastra integrates Alygne’s tailored ESG data into Fusion Invest

Finastra’s Fusion Invest, integrated with Alygne’s sustainability technology platform, will allow financial institutions to utilize ESG alternative data on private and public companies London, UK – April 11, 2023 – Finastra,…

Scotiabank appoints Francisco Aristeguieta to lead International Banking business

TORONTO, April 10, 2023 /PRNewswire/ – Scotiabank announced today that it has appointed Francisco Aristeguieta to the role of Group Head, International Banking, effective May 1, 2023. Mr. Aristeguieta will become a part of the…

Goldman Sachs names new global head of private banking, lending and deposits

April 11 (Reuters) – Goldman Sachs Group Inc has named insider Nishi Somaiya its new global head of private banking, lending and deposits, according to an internal memo seen by…

Asian banks are luring investors who think they’re a safer bet

Gulf News – The US-led banking turmoil is driving money into Asian assets, with investors betting that China and the region’s emerging economies are in a better position to weather…

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Citi appoints Selim Elgen as head of global wealth in MENA

April 6, 2023 – Selim Elgen has been appointed to head Citi Global Wealth for MENA and the UAE wealth business. According to a statement on Thursday, CitiGroup also named…

William Blair Continues Private Capital Advisory Growth With Three Senior Hires

Tuesday, April 4, 2023 – William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today the expansion of the firm’s Private Capital…

Wealth management services double in past year

AGGRESSIVE EXPANSION: The market for high net worth banking surged after two banks were approved to offer products with higher risk profiles, the FSC said Taipei Times – The number of…

Nomura names Rudolf Hitsch North Asia head of wealth management

HONG KONG, April 3 (Reuters) – Japanese investment bank Nomura Holdings Inc (8604.T) on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for its international wealth management…

Bank of America Names Lindsay Hans and Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management

March 30, 2023 at 4:15 PM Eastern – CHARLOTTE, NC – Bank of America today announced that Lindsay Hans and Eric Schimpf have been appointed presidents and co-heads of Merrill…

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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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