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HSBC taps UBS’ Gautam Anand for key South Asia private banking role

Nov 28 (Reuters) – HSBC Holdings (HSBA.L) has hired UBS Group (UBSG.S) banker Gautam Anand as the global coordinator for affluent Indian clients across the Middle East, North Africa and Europe, according to an…

Standard Chartered appoints Daniel Furer as Head of Discretionary Portfolio Management & Asset Allocation

29 November 2023, Singapore – Standard Chartered (“the Bank”) has appointed Daniel Furer as Head of Discretionary Portfolio Management & Asset Allocation. He joins the Bank today and reports to…

Financial Gravity Welcomes New Family Office Director Jemel Smith

Financial Gravity Companies, Inc. (OTC: FGCO) Gravity welcomes Jemel Smith aboard as a Family Office Director. Jemel Smith is a dedicated advocate for local businesses in the Douglasville, GA area….

Citigroup employees brace for layoffs, management overhaul – sources

NEW YORK, Nov 20 (Reuters) – Citigroup (C.N) CEO Jane Fraser and her executive management team announced on Monday the next layer of changes in a sweeping reorganization, according to memos to…

Helium Advisors Absorbs RISE Family Office, Adds Two Veteran Advisors, Seasoned Chief Investment Officer

EVERETT, Wash., November 15, 2023–(BUSINESS WIRE)–Helium Advisors (“Helium”), an integrated wealth manager, today announced that it has successfully incorporated RISE Family Office into its operations. This strategic move has unified…

Truist names Beau Cummins chief operating officer and Dontá Wilson chief consumer & small business banking officer; hires Kristin Lesher as new chief wholesale banking officer

CHARLOTTE, N.C., Nov. 14, 2023 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced continued progress in the company’s transformation journey with the creation of a chief operating officer position, the naming of a…

Chase Doubles Commitment to Hire 1,000 New Business Bankers by 2025

FRISCO, Texas–(BUSINESS WIRE)–Chase today announced it intends to hire 1,000 new business bankers in local markets across the United States by 2025 to support small business owners as they continue…

JP Morgan Private Bank appoints new chief executive for Asia

JP MORGAN Private Bank on Monday (Oct 27) named Harshika Patel as Asia chief executive officer (CEO). She takes over from Kam Shing Kwang, who has been appointed chairperson of…

Cambridge Savings Bank Hires Michael Richardson as Vice President, Relationship Manager – Asset-Based Lending

CAMBRIDGE, Mass.–(BUSINESS WIRE)—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced the appointment of Michael Richardson to the role of Vice President,…

Savvy Advisors Recruits Michael Most as Principal Wealth Manager Amid Period of Strong Growth

NEW YORK–(BUSINESS WIRE)–Savvy Advisors Inc. (“Savvy”), a registered investment advisor (RIA) affiliated with Savvy Wealth Inc., today announced that Michael Most has joined the firm as principal wealth manager. Based in Fort Lauderdale,…

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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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