Wealth managers see brighter times ahead despite lingering COVID-19 impacts. Wealth managers in GlobalData’s latest industry poll from H1 2021 are cautiously optimistic regarding industry conditions for the rest of…
More so than in other segments of the financial services sector, retention and training of…
The China wealth market remains resilient and will continue to grow despite the impact of COVID-19, driving the Chinese mainland…
As a result of the COVID-19 pandemic, the digital transformation of the wealth management industry has picked up pace. Now…
Above-average product holdings make the expat segment more lucrative than most. However, the entrepreneurial spirit is strong in the expat…
Following HSBC’s announcement in late February that it intends to wind up its retail banking operations in the US and…
The COVID-19 pandemic put a spotlight on all things digital, accelerating the long-awaited digital transformation of the wealth management industry, too. As technology stocks soared in 2020, so have the…
Citi is closing out its consumer banking operations in 13 markets, but has declared that it plans to “double down” on wealth management in Asia Pacific. Given the lender’s highly…
Cryptocurrencies, in particular bitcoin, have emerged as the investment phenomenon of the pandemic. However, they stand in stark contrast to sustainable investment values, which are increasingly ingrained in the global…
Wells Fargo announced early in January that it was exiting the offshore wealth management market to focus on US resident clients. While the US retail banking giant has only a…
The wealth management industry is undergoing a noteworthy digital transformation, but it is a two-sided coin. As the COVID-19 pandemic accelerates the importance of utilising technology for traditional players, it…
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