Over the last few years, a substantial number of private banks have started to offer philanthropic services, driven by a very distinct client need to be provided with professional assistance with charity and philanthropy. The market – traditionally strong in the US – has rapidly picked up in Europe and is currently estimated at more […]
Popularity: 40% [?]
FATCA, the US Foreign Account Tax Compliance Act, has been stirring the banking industry for some time now. While the implementing rules still need to be finalized, its main elements and its grave ramifications are more or less clear at this point: Unless a so-called „foreign financial institution“ enters into an agreement with the IRS, […]
Popularity: 53% [?]
In general, there is an ongoing and visible shift in client demands and affinities with regards to services: More and more people are using the internet not only to buy goods, but to buy services as well. Banking has been affected by this trend for a while – the past decade has seen the rise […]
Popularity: 51% [?]
Private banking in general, and Swiss Private Banking in particular, is undergoing a series of massive changes. Net new money is weak, margins deteriorate, and a number of regulations – both foreign and domestic – are to be adhered to in much stricter ways than before. On top, client demands are rising, and alternative providers […]
Popularity: 50% [?]
The preparation of management information in banks is a complex and costly process. First, data have to be collected from sometimes highly fragmented sources. Then the data have to be consolidated and put into correct and meaningful relation. Only then the actual work, namely the analysis and interpretation of the information can take place. Banks […]
Popularity: 66% [?]
Growth opportunities and diversification usually and justifiably dominate asset allocations in private banking. Also, the trend towards philanthropic investments, i.e. to invest in ‘good’ and sustainable causes, is getting stronger and stronger amongst private banking clients. Finding a good balance between growth, diversification and the philanthropic aspects of an investment thus is key when giving […]
Popularity: 75% [?]
