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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]
- Subjects :
- BANK management
INVESTMENT products
BANK assets
PRIVATE banks
REGIONAL banks
Subjects
Details
- Language :
- English
- ISSN :
- 00142433
- Volume :
- 55
- Issue :
- 643
- Database :
- Complementary Index
- Journal :
- Euromoney
- Publication Type :
- Periodical
- Accession number :
- 176167453