Citi’s Global wealth Organization
A single wealth management organization was created by Citi Global Wealth, unifying wealth management teams in Global consumer banking (GCB) and the Institutional Clients Group (ICG). It is the single, integrated platform serving affluent segment to ultra-high net worth clients. The main strategy going forward will be making wealth management the essential differentiator source of […]
Trend setting Fintech Industry!
2020 being a consequential year for the fintech industries, has subsequently shown the dependence of the digital world a whole lot more than any previous year as the major part of the world got swept away from the pandemic from business to households and consumers to service providers making 2021 an year of crucial evolution […]
Do not let a good crisis go to waste –Thai GDP!
The overreliance on the international tourist arrivals by the Thai economy was exposed due to the pandemic as it brought a sudden stop on travelling internationally. Thailand had received almost 40 million tourist in 2019 and the tourism department had expected this figure to double by 2030. After the imposition off as Thai government prioritized […]
Digital Commerce – A new era
Entering a new era the payments industry’s transaction has changed as we separated physically due to the pandemic, digital commerce is booming. The way the consumers will transact will be the same even after the pandemic subsides as it was already underway long before the pandemic too. The competition from telecommunications and technology industries to […]
Politics and trade to lead the market in world economy
Due to Brexit and the commercial war between United States and China, the active management for an environment of political uncertainty is defend by the firm Allinaz GI. The risk of cyber security might reduce the value of actions is their main concern and returns are likely to be moderate over the next few course […]
Private Cloud Infrastructure Model to take over
Nutanix’s commissioned reports said almost 15 percent of UAE’s businesses use legacy data center only ecosystem and almost a third of UAE‘s industries are powered via the private cloud infrastructure models, almost a 35 percent of UAE. For the coming future, Private cloud a variable element of hybrid cloud model is approved as idealistic IT […]
Better planning of Insurance
Insurance is predicated on the ability to model accurately, to plan effectively, and to predict the likelihood and impact of certain events. While we are already facing significant regulatory, competitive, and customer disruption, the industry, like all others, has now been deeply disrupted by the pandemic. From an operational perspective, insurers have seen their workforces […]
Increasing number of financial crime: How to curb them?
Financial crime, in the recent years has been so rife nor so sophisticated. Let us consider an example: the government’s pandemic support loans have been a high-profile victim of financial crime in recent months with over £1.1 billion of suspected fraud prevented so far in the ‘Bounce Back’ scheme alone. Governments and large banks are dealing […]
Financial Industry in 2021: 5 things that may impact the sector
Coronavirus has disrupted the functioning of all major industries and the finance sector was one among the worst hit. This year, we are likely to see a risk averse industry, as fintechs and banks alike move into survival mode. Yet, this will also spur innovation. The shift away from cash will give a shot in […]
Offshore Banking: Why Millennials are looking for options overseas?
Every millennial is now on the race to acquire a state of financial stability sooner, rather than later. With increasing cost of living, climbing house prices, the need to save money for rainy days, many millennials are planning to set up a savings account in overseas banks and institutions. This very facility is called Offshore […]