When considering private banking, one of the fundamental decisions individuals face is choosing between an independent structure or a generalist bank. Both models offer distinct benefits and drawbacks, tailored to different client needs and expectations. Independent Private Banks Advantages: Specialization and Personalization: Independent private banks often specialize in wealth management, offering tailor-made advice and services…
Choosing a private bank is a significant decision for anyone who wants to manage their wealth effectively. Private banks offer a range of services. However, choosing a private bank can be daunting, especially with so many options available. 1.Identify your needs Before choosing a private bank, it is essential to understand what…
Private banking is increasingly sought after for responsible and sustainable investments. These investments seek to have a positive social and environmental impact while generating attractive returns. Investors use their assets to support projects or institutions that have a positive impact on communities and the environment. Several types of responsible and sustainable investments are available to…
The private banking industry has been evolving over the past few years. Trends are multiplying and the industry is constantly adapting. Private bankers are faced with an increasingly demanding clientele whose product preferences are continuously evolving. Private banking, like any other banking segment, is influenced by several factors such as the growth of the economy,…
Let’s take a quick look at what’s in store for private banking in 2023. For the past few years, new sectors have been developing: cryptocurrencies, cybersecurity, energy… So what are the next trends for 2023 ? Here are some key points regarding the developments in private banking: New investment themes: 2022 has been…
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…
Onboarding is a necessary step for any company after the conclusion of a recruitment. It involves the arrival of the new employee within the structure, and this is why is it crucial to implement a plan to ensure a successful onboarding. Notify the team: After hiring a new employee, one of the first things to…
Standard Chartered: Why the ‘S’ in ESG is a priority in private wealth Environmental, social and governance, more commonly known as ESG, has become a ubiquitous term to describe responsible and sustainable business practices, but in most cases, the ‘E’ or environmental considerations, particularly climate change, has been the primary focus. Companies – and their investors…
