Africa is currently facing big changes and is growing fast, a lot of its countries are developing and the number of HNWI and UHNWI is only going higher. Even though the continent faced many challenges in addition to the Covid-19 crisis, it’s still standing and moving forward. Around 136 000 HNWI are living in Africa…
What are the specificities of a private bank? For some it is obvious, for others less so. In a rapidly expanding sector, the banking industry includes a large number of different financial institutions. What is a private bank? A private bank offers personalized services tailored to the most affluent clients. In general, the client portfolio…
For any interview, especially in the banking sector, it is necessary to be well prepared in order to put all the chances on your side. Some questions can be worked on in advance to help you pass your interview! 1. Do your research in advance Knowledge of the banking industry is important. If you already…
Teamwork is a shared responsibility between all of the team members. Actually, without teamwork, an organisation can’t really progress. Many believe that « Alone we can go faster but together we go further ». A good team player is the one who does their job correctly and contributes to the success of the team results. You…
Switzerland has a long-held reputation for financial secrecy, but it isn’t the top country when it comes to a lack of financial transparency. The country that is atop the rankings for being the most complicit in helping individuals hide their wealth is the United States, according to a biennial report released today by the Tax …
“Powell says the Fed will not hesitate to keep raising rates until inflation comes down Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we…
More nimble fintechs have one advantage over traditional banks when it comes to responding to customer needs to improve customer experience. With over half of customers saying that banking is not fun, banks face the challenge of enhancing user experiences to address changing customer needs, according to the World Retail Banking Report 2022 from Capgemini…
Credit Suisse is adding two new hires to service wealthy Israeli clients, with one joining from rival UBS. Credit Suisse is hiring Joseph Wolf from Barclay’s as the CEO of Israel, effective April 4, finews.com has learned. Wolf has nearly three decades of banking experience during which he developed a strong tech sector focus, highly relevant for…
Insider is seeking nominations for their first-ever rising stars of private banking, but you must act quickly – the last day for casting your vote is April 1st. The criteria for the competition: they must be working in the United States, be under 40 years old as of June 1, 2022, and be client-facing.…
The State Treasurer is putting ESG in the political crosshairs by divesting from an asset manager based on its environmental and sustainable approach to investing. West Virginia’s Board of Treasury Investments, which manages $8 billion in state operating funds, has dropped BlackRock money market funds from its portfolio, citing concerns over the firm’s focus on…
