PRIVATE BANKING AND WEALTH MANAGEMENT BETWEEN OPPORTUNITIES AND THREATS

Authors

Keywords
private banking, wealth management, banks, financial advisors, FinTech firms

Summary
Opportunities for banks in the sphere of private banking & wealth management have been continuously multiplying under the influence of the rapid accumulation and concentration of capital on a global scale and the predicted colossal transfer of wealth between generations. Yet, in order to consolidate their leading position in the industry in today’s complex, dynamic and turbulent environment, banks need to adopt totally different solutions and overcome a number of barriers.

Their response to the challenges posed by the ‘invasion’ of new players on the market and to the urgent need to change the profile of financial advisors is of paramount importance.

JEL: G21
Pages: 19
Price: 2 Points

More titles

  • PROTECTION AGAINST FRAUD IN ELECTRONIC TRADE PAYMENTS

    The past decades have seen continuous advancements of infor¬mation and communication technologies that have substantially altered economy on a local, national and global scale. The employment of these technologies creates and tranfers to economic entities significant economic and social effects, yet it poses serious challenges to the security of ...

  • INFRASTRUCTURE CHARGES LEVIED IN AIR TRANSPORTION – CURRENT ISSUES AND PERSPECTIVES

    The paper reviews the progress achieved so far in terms of applying the major principles of levying infrastructure charges in air transportation by analysing the charge rates in the country for access to airports and for air navigation services. It also comments on some problems arising in result of applying the current charge rates and suggests ...

  • THE 10 DON’TS TO MANAGER’S EFFICIENCY

    The study of human history reveals that all authorities share a common attribute (feature) – the pursuit to consolidate, preserve and reproduce their power. This principle applies to the behavior of managers, too, since they need to ensure the efficient performance of the organisations they are in charge of and survive as the heads of those ...