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Commercial banking is becoming more digitized, and industry leaders are taking note of the potential it offers. The investments banking institutions have made in digital technology are yielding a greater ROI in two significant areas: streamlined tech systems and improved relationship-building.
Commercial banks are improving the way businesses make payments. They have to, just to keep up with the digital trend for making payments. Electronic B2B banking has become more convenient, easier to use and far safer than making payments in person or by mail. It's also quicker. And yet one [...]
When your job search stalls, don't spend the time floating adrift. Take note of the change in wind directions, adjust your sail, and get going again.
Most people in commercial banking would agree on the importance of serving clients better. They offer more tools, better data analysis, or gimmicks to capture interest. Financial apps and flexible banking hours are helpful but building a successful portfolio for affluent and high-end net worth clients comes down to one essential thing: relationships.
Hiring exceptional private client advisors for your financial firm is a smart move, but if you were to ask ten people what skills they would want to see in their private client advisors, all ten might have very different answers.
Private client advisor salaries have been steadily increasing in the last few years, but the pay can vary significantly.
Client onboarding is less about managing wealth and more about building relationships.
Multi-faceted challenges and demands of commercial banking have changed the industry. Employers have discovered that a generous salary isn't enough to seal the deal when recruiting top talent. Today, commercial banker candidates want more than a paycheck; they want to be part of a team where they can have flexibility [...]
Over the past decade, the banking industry has made tremendous strides in establishing secure and convenient technology solutions like online and mobile banking, chip technology, and touchless banking platforms. In 2020, as the global economy faced unprecedented challenges, the industry got a significant push to accelerate its investments in digital [...]
Ultra-high net worth individuals experienced significant loss due to the COVID pandemic. Reports that billionaires added profits to their holdings may be partially accurate, but overall, many lost wealth. The cost to them has been estimated at more than $100 billion. Attacked on several fronts, including health and wealth, these [...]
