PrivateBanking

Barclays Expands Global Footprint: Singapore to Become Private Banking Hub by 2026

27 days ago

Barclays, the British multinational bank, has announced significant plans to establish Singapore as a key booking center for its private banking division by the year 2026. This strategic move is part of Barclays' broader initiative to enhance its services and presence in the competitive Asian market, attracting high-net-worth individuals (HNWIs) in a region characterized by rising wealth and demand for sophisticated financial services.

Julius Baer Reports Accelerated Client Inflows and Projects Profit Surge

1 month ago

In a significant development for the banking sector, Swiss private bank Julius Baer has reported a notable acceleration in client inflows during the recent quarter. This positive trend not only bodes well for the bank’s financial standing but is also expected to lead to a considerable boost in profits for the upcoming financial periods.

The Legacy of Friedrich von Metzler: A Pillar of German Banking Passes at 81

1 month ago

In a significant loss to the banking community, Friedrich von Metzler, a prominent figure in the world of private banking, has passed away at the age of 81. His demise marks the end of an era for one of Germany’s oldest family-run banks, which has remained influential in the sector for nearly three centuries.

Standard Chartered Targets Wealthy Africans for Future Growth

1 month ago

In a strategic move to enhance its presence in Africa's burgeoning wealth market, Standard Chartered Bank is shifting its focus towards serving the affluent individuals on the continent. The London-based financial institution sees the rising number of high-net-worth individuals (HNWIs) in Africa as a significant opportunity for growth, especially as the bank aims to strengthen its private banking services.

JPMorgan Expands its Private Banking Presence with New Office in Munich

2 months ago

In a strategic move aimed at bolstering its wealth management services, JPMorgan Chase & Co. has announced the establishment of a new office in Munich, Germany. This expansion will serve as a base for a group of private bankers who are set to enhance the firm's service offerings to high-net-worth clients in the region.