As the world economy stumbles into recession due to the COVID-19 pandemic, certain parts of the banking world will hold up better than others, including [...]…
Younger generations look to shelter wealth abroad as the economic impacts of COVID-19 hit
While offshore investments are more prominent in the HNW space, with 32.5% of HNW wealth booked abroad, increasingly easy access to overseas markets is also [...]…
COVID-19: Spanish investors’ strong preference for deposits will keep wealth market stable
The Spanish economy has experienced several years of recession over the past decade, and the country’s tourism and hospitality industries have been the strongest engine [...]…
Covid-19: Private Wealth AuM down but income up
Large parts of the global economy have been in lockdown since mid-March and the effects of the disruption are now being felt on the wealth [...]…
Australia’s COVID-19 recession will heavily impact banks
The medical effects of COVID-19 on Australia are still building, with caseloads rising and likely to continue doing so for some time. GlobalData examines the [...]…