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bank of america

Bank of America’s Shikha Narula on building customer loyalty beyond rewards

Banks are rethinking how they create lasting engagement through personalisation, seamless digital experiences and everyday value. Shikha Narula, Head of Consumer Deposit Products and Rewards at Bank of America, shares…

Bank of America and rivals signal headcount declines

Major US banks including Bank of America, Wells Fargo and Citi are reshaping their workforces by combining selective hiring with long-term headcount reductions driven by AI adoption, cost pressures and…

Bank of America reports record uptake of AI-driven CashPro

Bank of America has reported record growth in corporate adoption of its AI-powered CashPro Chat and Search tools, reflecting a rising demand for real-time treasury insights and operational efficiency. Bank…

Bank of America embraces technological advancements to meet corporate treasury requirements

An incumbent in global transaction services, Bank of America has worked towards a simple yet compelling strategy of delivering the best-in-class services amalgamated with rapid digitization efforts. Validating this point…

Bank of America embraces technological advancements to meet corporate treasury requirements
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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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