The shift to remote work carries an inherent risk This year’s mass experiment with remote working has, for some, triggered a prickling sense of unease: if I can do my job from home in London, Brooklyn or Canberra, could someone else do it more cheaply from Sofia, Mumbai or Manila? In the corporate world,…
Zillennials Are Going to Change Investing Forever Eating meat is out, flight-shaming is in. Gen Z is transforming the world and investors need to be prepared. As this new cohort — “Zillennials” — comes of age it’s going to eclipse the vaunted Millennials, boost emerging markets and help preferred sectors outperform as other…
M&A Roadmap for the Banking Industry in 2021 Mergers and acquisitions have returned back on the agenda of Swiss banking with force. Even if the mooted UBS-Credit Suisse-deal seems an unlikely proposition now, there are plenty of other options on the table for 2021, as an overview presented by finews.asia shows. Big banking has found…
In Wealth Deals, Buyers Adopt New Deference A new, clubbier model of Swiss private banking acquisition is emerging in a flurry of deals in the sector. Suitors hope a softer touch will ensure success, but the approach also carries risks. Switzerland’s wealth sector remains fertile hunting ground, with three notable deals notched this year:…
The amount of assets under management has doubled in 11 years The number of assets under management continues to increase in private banks in Luxembourg, reaching 466 billion euros, according to the ABBL. The most endowed customers are the most numerous. 85% live in Europe, of which only 21% in the Grand Duchy. The Luxembourg financial…
Africa is a Land of Opportunity.’ United Bank for Africa Chairman Tony Elumelu on Why Now Is the Time to Invest in Africa Even as the pandemic inflicts a devastating toll on the global economy, United Bank for Africa (UBA) Group Chairman Tony Elumelu insists that now is the time to invest in countries in…
Adaptability supported by security: the future of financial services Due to the huge impact on working practices brought about to combat the coronavirus, financial businesses have had to realign on an unprecedented scale to keep the lights on. But until now their focus has understandably been solely on the short-term tactical hurdles e.g. ‘how do…
The pandemic has sparked dramatic changes in the wealth management industry. As markets plummet and liquidity dries up even the most sophisticated investor can be shaken. That’s when they will call upon a trusted adviser, whether to seek short-term tactical advice or simply to be reassured that their diversified portfolio is well-positioned for long-term growth.…
Julius Baer has been named the winner for the Outstanding Technology Implementation – Front End award at the Global Private Banking Innovation Awards 2020. This marks the 3rd accolade for the Swiss Private Bank’s digital advisory suite, known as DiAS, within six months. Hosted jointly by The Digital Banker and Global Private Banker, the Global Private Banking Innovation Awards-…
Bill Gates in Gates Notes: “The coronavirus pandemic pits all of humanity against the virus. The damage to health, wealth, and well-being has already been enormous. This is like a world war, except in this case, we’re all on the same side. Everyone can work together to learn about the disease and develop tools to…
