As mandates grow in number, severity and complexity, wealth management firms increasingly look to technology for help.
So-called tax havens face pressure as regulators seek to stem malfeasance, but there are legit reasons to go offshore.
David Bailin, global head of investments at Citi Private Bank, talks with Global Finance about the worldwide growth in family offices and how investing globally can boost portfolio returns.
The complex wealth of globe-trotting executives and entrepreneurs comes with unique considerations, requiring specialized understanding and advice.
While philanthropy has a long tradition among the ultrarich, private bankers say the inclination to give is stronger than ever—and vastly more complex.
At Global Finance’s annual private-bank awards dinner in Manhattan, talk revolved around how wealth can best serve people and create value worldwide.
Saod Obaidalla, executive vice president and head of Private Banking at Emirates NBD, speaks with Global Finance about the evolution of the regional economy and the bank’s plans to compete with global rivals.
Sung-Yeop Kim, executive vice president and head of the Wealth Management Group and Private Banking for KEB Hana, talks with Global Finance about how his bank serves Asia’s growing ranks of wealthy.
The world’s best private banks, as determined by Global Finance, are finding ways to recast their businesses for the future.
Picture investment recommendations tailored or customized to individual needs or personality traits, provided cheaply via a highly intuitive digital interface.
The so-called Panama Papers, more than 11 million leaked documents from a Panamanian law firm, are shining a spotlight on the scope and financial impact of the offshoring financial industry and global efforts to move assets to tax havens or less-regulated jurisdictions.