New York may be the centre of the financial industry in the US, but regional variations mean the biggest banks need a physical presence across the country to cater to clients, as well as overseas if they have global ambitions
Private Banking

Local Latin American banks seize chance as turmoil engulfs region
Latin America’s richest individuals have seen their wealth hit hard by drops in commodity prices, while many international banks have reduced their footprint or backed out of the region entirely

Milan ripe for a private banking renaissance
With half of all Italian private wealth managed by retail banks there is huge potential for private banks to expand domestically

Best to invest overseas warn South Africa’s wealth managers
South Africa’s private banks may excel in their use of technology, but the country itself faces myriad economic and political problems

New ethos needed to match millennials’ entrepreneurial spirit
The new generation of entrepreneurs are as motivated to change the world as they are to make money. Private banks must adapt in order to meet these needs

Succession planning: Family unity key to establishing who will follow the leader
Both entrepreneurs and their offspring lose sleep over how family assets should be passed between generations, while wealth managers are terrified of losing clients. A clear and open discussion is vital in ensuring a smooth succession

Next generation reshapes world of philanthropy
Charitable activities can bring families together, but with younger generations frequently having different goals and ideas, they can also prove divisive

Finding the formula for brand success
The fund management business may be dominated by the branding power of global players but there are still plenty of boutique firms delivering healthy returns
Wealthy women seek advisers with eye on bigger picture
There are more female billionaires than ever before, with Asian entrepreneurs the big driver. But these women require a different approach from private banks than their male counterparts

Private banks poised to capture Asian clients
The wealth management sector in Asia-Pacific is fiercely competitive with both international and local players fighting for a piece of the action and looking for ways to differentiate themselves from opponents
Global Private Banking Awards 2022
PWM Digital Edition (March–April 2023)
Wealth Tech Awards 2023
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