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Dominik Hennen to manage newly created Personal Banking unit

Deutsche Bank has appointed Dominik Hennen as Head of Personal Banking. The business unit comprises the retail activities of both the Deutsche Bank and Postbank brands, serving the majority of…

The Shifting Role Of Banks For Family Offices

It’s not change that people fear most, it’s the potential loss associated with that change – a psychological aversion that can make people take actions they wouldn’t usually consider. This…

Walden Savings Bank appoints experienced banker Stephen Scott as EVP & COO

MONTGOMERY– Walden Savings Bank has named banking and financing executive Stephen Scott as its new Executive Vice President and chief Operating Officer. Scott brings 18 years of experience to Walden…

BBH Private Banking Announces New Head of Family Solutions Team

NEW YORK–(BUSINESS WIRE)–Brown Brothers Harriman & Co. (BBH) is pleased to announce that Tricia Levin has joined the firm as the Head of Family Office Solutions. Tricia will lead a new, cross-regional,…

J.P. Morgan Private Bank Welcomes $2BN Advisor Team to its Seattle Business

SEATTLE, Sept. 21, 2023 /PRNewswire/ — J.P. Morgan Private Bank today announced that a three-person advisor team has joined the firm in Seattle, Washington. The advisors collectively oversaw more than $2 billion in client assets in their…

No systemic risk build-up seen in India’s bank credit, central-bank deputy Patra says

MUMBAI, Sept 21 (Reuters) – India is on track to become a $5 trillion economy by 2027 and at present, there are no visible signs of overheating, Reserve Bank of…

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Kasikornbank Launches $100 Million Fund for Web3 and AI Projects

Kasikornbank’s $100M fund, KXVC, aims to drive AI and Web3 innovation in APAC, fostering global tech expansion. Thailand’s Web3 ambitions gain momentum with a $300 digital wallet initiative, expected to…

SC Ventures launches audax Financial Technology to help financial institutions accelerate digital banking capabilities

audax is designed to help banks compete in the digital age, pursue new digital business models, while complementing existing core systems audax is the digital banking platform that powered the…

M&G makes corporate pensions insurance comeback as profit jumps

LONDON, Sept 20 (Reuters) – British insurer and asset manager M&G (MNG.L) announced its comeback in corporate pension scheme insurance on Wednesday as it reported an above-forecast 31% rise in adjusted operating…

UniCredit to launch early part of 2023 share buyback for 2.5 billion euros

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…

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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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