All articles by PBI Editorial
PBI Editorial
Cyber security at private banks no taking chances
Creating a secure environment, mitigating cyber risks and investing in appropriate security measures via the correct systems and processes are crucial for private banks globally, and vital to ensuring client trust and data protection. PBI speaks with industry experts to assess how vulnerable private banks currently are, what is being done about cyber threats, and what more can be done
To stay, or not to stay that is the question: What industry experts are saying about Brexit
In the run up to the UK’s referendum on 23 June to retain European Union membership, PBI asked select experts in the wealth management industry to give their viewpoints on how the in or out votes could impact the sector and the UK on the whole
Nominations open: 26th Private Banker International Global Wealth Summit & Awards
Nominations are now being accepted for the 2016 PBI Global Wealth Awards.
Considered to be the most prestigious accolades in the wealth industry for excellence and best practice, winners of the 26th Private Banker International Global Wealth Summit & Awards are due to be announced at a gala dinner on 14 October at The Fullerton Hotel Singapore.
PBI Survey: KYC-AML-Data Security Overview
In light of the recent Panama Papers data breech, the wealth industry is yet again under scrutiny. The Mossack Fonseca controversy reveals a lack of transparency amongst wealthy individuals and highlights how private banks need to be more thorough with their due diligence processes. How prepared is your bank?
Nordea Bank Luxembourg goes live with Temenos WealthSuite, reducing operational complexity by half
Nordea Bank SA, the international private banking arm of the Nordea group, has gone live with Temenos’ integrated wealth management platform, WealthSuite. This has allowed the bank to more than halve the number of separate systems and interfaces it runs, significantly reducing complexity and resulting in higher levels of automation as well as much reduced IT maintenance expenditure.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Deadline Extended for the Private Banking Awards: Middle East 2016
Due to popular demand, the deadline for the Private Banking Awards: Middle East has been extended to 24th January. Last chance to nominate your bank if you haven’t already.
A tryst with transparency for private banks: Key insights
Key findings of the whitepaper Tryst with Transparency: How private banks in Switzerland and Singapore are ensuring best-of-breed service in a demanding regulatory ecosystem written by Private Banker International and sponsored by DTCC highlights how both these wealth hubs are ensuring client centricity in an era of increased transparency and regulatory pressures, as well as establishing future best-practices
Singapore millionaire growth to overtake Hong Kong by 2020
A surge in Singapores wealthy population will lead to the countrys millionaire growth overtaking its rival city state Honk Kongs by 2020, a new report from WealthInsight has revealed that.
Leading lights: APAC top 20 AuM benchmark
With the rise in the number of potential private banking clients across Asia Pacific showing no signs of slowing down, the leading financial institutions in the region are busy expanding their offerings to gain more wallet-share and attention from wealthy individuals, Private Banker International’s latest Asia Pacific Top 20 AuM Survey finds
Malaysia: fertile growth market for the wealthy
Malaysias growing economy is providing a fertile ground for a rising high net worth population and presents myriad opportunities for the wealth management and private banking industry. A recent WealthInsight report looks into the trends of wealthy individuals in Malaysia in a review from 2010-14, and provides forecasts for growth in the period up to 2019