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Africa.

Source :
Euromoney; Mar/Apr2024, Vol. 55 Issue 643, p122-125, 4p, 1 Color Photograph
Publication Year :
2024

Abstract

Standard Bank Wealth and Investment has been recognized as the best regional private bank in Africa, excelling in various categories such as family office services, digital solutions, sustainability, next-gen, and overall best private bank in the region. The bank is well-positioned to benefit from the projected 30% growth in private wealth in Africa, which is expected to reach $2.6 trillion by 2030. Barclays Private Bank has also experienced significant growth in its ultra-high net-worth private banking business in Africa. FNB, on the other hand, has been named the best for sustainability and succession planning, offering a range of services including estate and business succession planning, will drafting, and trust management. They have also developed a digital method of drafting wills accessible through their app. Standard Bank Wealth and Investment focuses on providing tailored solutions for high net worth and ultra-high net worth clients, expanding their alternatives offering and promoting women in wealth management. They also prioritize engaging with next-generation clients and offer initiatives such as discounted prices for young clients and Future Leaders academies. [Extracted from the article]

Details

Language :
English
ISSN :
00142433
Volume :
55
Issue :
643
Database :
Complementary Index
Journal :
Euromoney
Publication Type :
Periodical
Accession number :
176167453