by Daniel Diemers & Fred Gregaard Digital didn’t have a lasting impact on most financial services the first time around in the late 1990s, but now it’s definitely here to stay. The challenge for the industry is less about predicting and reacting to individual trends than adopting new approaches to assess the impact of technology [...]
PwC Strategy&’s report, ‘Sink or swim: why wealth management can’t afford to miss the digital wave’, finds the sector is one of the least tech-literate of the financial services industry, and what’s currently on offer is sharply at odds with what their clients, high net worth individuals, expect. Read more: http://pwc.to/27RupDx
by Bloomberg Businessweek Middle East Dominic Dudley With more women and 'Generation Ys' becoming clients, private banks are having to respond to new demands Once a year, Azeemeh Zaheer, a vice president of Kuwaiti-owned Gatehouse Bank, travels from London to Jeddah. It’s not the sort of trip that private bankers usually make to the Gulf. [...]
Published in The National, UAE (link) Author: Linday Carroll October 25, 2014 DUBAI // Efforts to promote the use of Bitcoin in the UAE have stalled amid uncertainty over how it is regulated here and in the wider region. “We reached a point where we are still uncertain about complying with regulations, which is where [...]
September 8, 2014 by Daniel Diemers and Walid Boustany Article published in: The Executive Magazine, Lebanon (Link) This article is part of an Executive special report on wealth management and private banking. Read more stories as they’re published here, or pick up September’s issue at newsstands in Lebanon. The GCC continues to be a standout region [...]
The most recent in a growing body of wealth insights by Booz & Company looks at the prospects for the global wealth management industry in 2014/15. According to the study, assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line growth that wealth managers would [...]
