European proposals on ESG fund distribution are sparking worries about mis-selling, market fragmentation and, as a result, potentially reduced flows into such products, and Mifid is not helping. Elizabeth Meager...
After a turbulent year for the UK, markets appear to be heading in the right direction and that direction is...
75% of geographic Europe-based wealth professionals expect a ‘high’ to a ‘very high’ level of digitalisation over the next three...
With the global economy in flux and an uneven recovery only barely getting underway, companies face a highly uncertain operating...
More so than in other segments of the financial services sector, retention and training of frontline staff is becoming an...
Where are firms in the wealth management & private banking sector hiring for Big Data roles? (Source: GlobalData)
| City, Country | Big data job ads in Q1 2021 |
|---|---|
| Pune, India | 1914 |
| Bengaluru, India | 1641 |
| Hyderabad, India | 1174 |
| Chennai, India | 995 |
| Mumbai, India | 973 |
| Toronto, Canada | 945 |
| Singapore, Singapore | 889 |
| London, United Kingdom | 763 |
| Charlotte, United States | 640 |
| Chicago, United States | 629 |
American private equity firm Blackstone has named Devin Glenn as global head of diversity, equity, and inclusion (DEI). In his…
Foreside Financial Group has acquired Hardin Compliance Consulting to create one of the largest compliance consulting firms for the US…
Swiss wealth manager Criptonite AM has entered into a strategic partnership with SEC-regulated digital asset investment manager Wave Financial. The…
Stratos Wealth Enterprises, part of Stratos Wealth, has made a strategic investment in Orlando-based RIA Summit Wealth Partners, which manages…
Financial firms can’t ignore sustainability. That is the key highlight of a new report out from Forrester, but financial institutions (FIs) have done a tremendous...
When artificial intelligence (AI) hits the headlines, it’s usually bad news pertaining to the perils of face recognition. It was only recently that Twitter had...
Everyone wishes they were involved in investing at the beginning of Apple or Google. However, speculative growth stocks in fast growing companies with P/E multiple...
Banking software firm Temenos has integrated digital asset and blockchain infrastructure fintech Taurus onto its marketplace. The Switzerland-based fintech recently gained a securities firm license...
Artificial intelligence, or AI, has come into its own during the Covid-19 pandemic. But while the tech has strengthened the response to the crisis and...
Fortu Wealth has entered the market looking to provide an all-in-one finance platform for high net worth individuals (HNWIs) and a B2B banking-as-a-service (BaaS) solution...
Over seven-in-ten (71%) of wealth clients are willing to share personal data for more personalised services. Over half (53%) are even willing to pay for...
The future may see us living on Mars, paying for everything with crypto, and relaxing or working as we travel effortlessly about in our driverless...
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Expert Commentary & Analysis
View MoreGrowth in the Chinese wealth market will drive affluent population growth in 2021
The China wealth market remains resilient and will continue to grow despite the impact of COVID-19, driving the Chinese mainland affluent population growth. As ground zero of the COVID-19 pandemic,…
Old guard JPMorgan Chase takes over digital disruptor Nutmeg
As a result of the COVID-19 pandemic, the digital transformation of the wealth management industry has picked up pace. Now it has gone up a gear. Old guard JPMorgan Chase…
Targeting expats means offering business banking
Above-average product holdings make the expat segment more lucrative than most. However, the entrepreneurial spirit is strong in the expat segment, and being able to cater to this segment’s private…
Why are banks favouring wealth management over retail?
Following HSBC’s announcement in late February that it intends to wind up its retail banking operations in the US and France, Citibank has come out with a similar strategy in…