Ihor Vlasov’s Post

#RajeshMehta: Citi’s peripatetic transaction #banker | Citi’s head of #Asia #treasury and trade solutions has retired after 40 years at the US bank. He tells Euromoney what he would do if he were a 20-something graduate today, and why it helps to be both a specialist and a jack-of-all-trades in the industry now | #transactionbanking http://spr.ly/6045VHYKT

Reasons to invest into Birmingham 🏠19.2% growth rate is expected 🏠Corporations such as BBC , Goldman Sachs, HSBC, Deutsche Bank are moving their HDQ here. 🏠HS2 fast train completing in 2029 , expected to cut journey time to London to only 40mins 🏠60% Cheaper than London! #investInBirmingham #BrumPropertyinvestment

Here's a breakdown of the reasons behind the celebratory message: * **Winning 10 WealthBriefingAsia Awards:** This is a significant achievement, demonstrating recognition across various wealth management areas. It highlights your expertise in wealth planning, digital tools, credit advice, and investments. * **Dominating Hong Kong Domestic Private Bank Category (3rd Year):** Retaining the top spot for three years showcases your leading position in the Hong Kong market. This implies a strong local presence and extensive reach. * **Holistic Client Service:** You emphasize that your model has been enhanced to cater to clients' needs throughout their wealth journey, not just at a specific point. In essence, the message boasts about your company's: * **Industry Recognition:** Winning multiple WealthBriefingAsia awards signifies expertise across wealth management sectors. * **Market Leadership:** Holding the top spot in Hong Kong for three years highlights your dominance in the local market. * **Comprehensive Client Services:** You emphasize offering a holistic approach to wealth management, catering to clients' needs throughout their financial journey. The "why" behind the message is to celebrate these achievements and express gratitude to clients and partners who contributed to this success.

I was thrilled to join CNBC’s Squawk Box Asia where I discussed how family offices are shifting allocations globally. Citi Private Bank’s 2023 survey revealed family offices are increasing their allocations toward fixed income and private equity and over the last three months, we’ve seen a shift out of cash into risk assets. However, Asian family offices are behaving differently as equity markets in Asia have rallied less compared to other regions. #familyoffice #investing #wealthmanagement #assetallocation

Deutsche Bank's Marco Pagliara on costs, cuts and Middle East collabs. The German private bank's new Asia head outlines the challenges of covering the market amid industry-wide cost-cutting and revenue contractions, and how he plans to focus on single-family offices. https://bit.ly/3UFbWdc #citywire #ceocaptains #deutschebank #middleeast

𝐇𝐒𝐁𝐂 𝐄𝐱𝐩𝐚𝐧𝐝𝐬 𝐔.𝐒. 𝐓𝐞𝐚𝐦 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐚𝐧𝐝 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 HSBC is set to hire nearly 50 bankers in the U.S. to enhance its lending services to startups, focusing on the technology and healthcare sectors. Following the acquisition of around 40 personnel from the defunct Silicon Valley Bank, HSBC aims to fill a market gap, leveraging the current team of 60 in its innovation banking business. This expansion comes after successfully securing about 250 company clients and closing 35 lending deals. HSBC's ambition is not only to establish a foothold in the U.S. market but also to extend its venture lending globally. #finance #news #HSBC #startupLending #ventureCapital Source: https://lnkd.in/eZWzddVy

🤔 This is interesting. Barclays is sounding out PE to take a majority stake in its UK merchant payments business. 🏦 Word is that the bank wants to bring in a partner with additional industry knowhow as well as extra capital. 💡 Barclays has been talking to specialist payments providers, but these conversations have stalled. 🚫 The UK business could be valued at more than £2 billion based on estimated EBITDA. 💰 This is just another example of increasing consolidation in the payments world as increased use of digital technology makes investment costs higher and accentuates the benefits of economies of scale. 🌐 Private equity firms have invested heavily in the payment sector in recent years drawn by the wider trend of digitised finance and the ability to scale up investments through merging smaller players into a larger entity. 📈 What do you think? Would this be an interesting move or one deal too far? 🤷♂️ #BankingIndustry #DigitalTransformation #ArtificialIntelligence #OpenBanking #Payments https://lnkd.in/edUhpNsG

🌟 Exciting News! 🌟 I'm thrilled to announce that Standard Chartered has joined Citi, BNP Paribas, and Danske Bank as investors in United Fintech. We look forward to collaborating closely with Standard Chartered to bring innovative products to market. Read more about the announcement in the link below #Fintech #Innovation #StandardChartered #UnitedFintech