ASL Enters Strategic Partnership with Finastra, Paving the Way for Fintech Advancement
In a groundbreaking move poised to reshape the fintech landscape, ASL has forged a strategic alliance with Finastra, a global fintech powerhouse. The collaboration, announced on August 8, 2023, heralds ASL’s proactive drive towards fintech innovation and transformation, while also positioning Finastra at the forefront of revolutionizing financial technology solutions. ASL, a prominent player in […]
Barclays Strengthens Asset and Wealth Management Division with Appointment of Jack Rabun as Head of North America
Barclays, a renowned global financial institution, has recently made an exciting announcement regarding the appointment of Jack Rabun. Mr. Rabun will assume the role of Managing Director and Head of Asset and Wealth Management North America within the Financial Institutions Group (FIG), with his office based in New York. With more than two decades of […]
Intergenerational wealth planning
Making the decision to engage professional help is a step in the right direction towards effective wealth planning. This ensures that all factors are discussed and considered. Families of today come in all sizes, and modern families are often larger and very different to those existed long ago. This makes planning and discussing strategies with […]
Wealth Management industry to gain from AI
Wealth management sector of UK is experiencing a significant growth in recent years. They are handling around £948bn of assets, which are equivalent to about 46% of the UK GDP. The financial institutions and wealth management firms are looking to be early adopters of the latest AI technologies. Wealth management is a data-rich industry, in […]
UBS ramps up Netflix of banking to tap into stream of millionaires
UBS’s new hybrid digital wealth management platform has attracted $3.7 billion in its first year. This boosts the chief executive Ralph Hamer’s strategy of winning more business from the lower echelons of the global rich. The world’s biggest wealth manager is trying to improve its digital services to reach customers outside its super rich core client […]
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 […]