The wealth management industry faces a considerable challenge due to an anticipated talent shortfall, with firms actively seeking solutions to address this issue. As the industry grapples with changes, consulting firms have predicted a looming deficit in the advisor workforce. McKinsey's prognoses
Malaysia currently stands at a crucial economic juncture, with expectations that Bank Negara Malaysia (BNM) will modify its monetary policy in the latter part of the year. Forecasters anticipate a 25-basis point reduction in the Overnight Policy Rate (OPR) given prevailing indicators of subdued
In the current landscape of wealth management in Asia, private banks face mounting challenges as they strive to address the intricate needs of ultra-high-net-worth (UHNW) families. These affluent families, whose wealth often spans multiple generations and countries, demand bespoke solutions ranging
Amid the evolving digital landscape, London's financial sector has become a focal point for innovation, driven by the burgeoning fintech industry. Fintech's rapid development involving blockchain, artificial intelligence (AI), and open banking is reshaping traditional financial services and
The financial landscape has been showing distinct contrasts between retail broker performance and investment bank growth strategies, reflecting noteworthy shifts in industry dynamics. Retail brokers such as Coinbase Global, Inc., Robinhood Markets, Inc., and Interactive Brokers Group, Inc. have
The appointment of Timothy Hodgson as Canada's Natural Resources Minister under Prime Minister Mark Carney marks a new chapter for the Canadian government. This strategic move is part of Carney's broader vision to revitalize the country's resource sector, which has faced significant challenges due