Ambiguity is a given in the environment many financial institutions find themselves in, as neither stability nor significant growth can be guaranteed. With rising inflation, uninspiring GDP growth, tightening central bank interest rates, turbulent geopolitics, and numerous COVID-19 variants, bankers and wealth managers are being kept on their toes. In fact, the head of the International Money Fund predicted that one-third of the world economy might be in recession in 2023.