Global Banking Monitor

Saturday, July 13, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: wealth

Jed Finn Assumes Leadership of Morgan Stanley’s Wealth Management, Internal Memo Confirms

Morgan Stanley  has named Jed Finn as the head of its wealth management unit, according to an internal memo seen by Reuters on Monday. Finn,...

UBS Predicts Departure of Credit Suisse Wealth Veterans in Hong Kong

UBS Group AG has seen a round of exits within its wealth division in Hong Kong less than two months after it completed the...

Citigroup’s Move to Wealth Management Viewed as Risky Bet

Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over the past five years. In...

HSBC Announces Closure of Wealth and Personal Banking Business in New Zealand

HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on Tuesday, as it exits from...

Wall Street Capitalizing on the Wealth of the Ultra-Wealthy

Concerns of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds...

China Contemplates Transferring Stakes in Troubled Banks to Sovereign Wealth Fund

China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund as part of a...

Bank of America to shift wealth management and banking employees, says source

Bank of America Corp (BAC.N) is redeploying employees in wealth management and lending to other roles within the company, a source familiar with the...

Switzerland’s wealth management leadership at risk due to Credit Suisse’s collapse, according to analysis

The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland's credentials as the world's leading wealth management centre, experts warn, calling...

Credit Suisse obtains key approval to launch wealth business in China

Credit Suisse (CSGN.S) has received regulatory green light from China after years of waiting to launch a full-fledged wealth management business in the world's...

- A word from our sponsors -

spot_img

Follow us

HomeTagsWealth