Miami Beach Chamber of Commerce’s Post

NEXT FORUM - Less then 4 weeks! Powerful lineup & agenda discussing critical topics for #communitybanks , including M&A & Capital with Jeff Cardone, Frank Sorrentino IV, CFA Join us at the shore!

Miami post Covid is looking more like Wall Street of The South. Miami now boasts the highest concentration of banks nationally and has more financial firms than either of New York or Chicago. Since the great wealth migration started in 2020 in excess of $1 trillion of assets under management (AUM) have flowed into Miami’s Financial District from LA and New York. And, for the first time Miami has more AUM than Connecticuit. Already a global destination the city is on track to become a world class leader by 2035 and the global capital centre by 2050.

🤔 I'm thinking about Digital Credentials use cases, and to brainstorm, I'm playing a game: what do I have in my wallet (physical or already in the mobile wallet)? 💺 It reminds me of the scene in Trading Places at the police station: "One alligator skin wallet. Master Charge, American Express...Gold Card, Visa, Diner's Club, Carte Blanche. Two tickets... "La Bo-heem", "La Bohéme" - it's an opera. It's an opera." 💳 I'll start: Credit cards, cash, medical insurance, health card, tax-id card, various loyalty cards, driver's license (ok, this one also digital)... 🔏 Obviously, in privacy-preserving mode: Andrea D'Intino, Denis "Jaromil" Roio, Giuseppe De Marco, Paolo De Rosa, Heather Flanagan, Tim Cappalli, Manu Sporny, friends at OpenID Foundation? #digitalcredentials #digitalwallet #digitalidentities

Day 71 of #100daysofquizzing with Alan Sam🫰 In the 17th century the Dutch built the City of New Amsterdam in the US. The street was originally known in Dutch as Het Cingel ("the Belt") and to protect it, they built a wall like structure around it. During the 18th century, the location served as a slave market and securities trading site, and from 1703 onwards the location of New York's first city hall, later known as Federal Hall. In the early 19th century, both residences and businesses occupied the area, but increasingly the latter predominated, and New York's financial industry became centered on this street. Now it is home to the New York Stock Exchange, as well as the Federal Reserve Bank of New York, and several commercial banks and insurance companies making it one of the most important financial districts in the world. Identify this street and comment your answers below. #finance #quiz #business #trading

(To be continued) Chapter 5: The Secret of the Golden Martini Inside The Dallas Bankers Club, Steve, Trevor, and their team blended in seamlessly with the elite crowd. They discreetly searched for any clues that would lead them to the missing Happy Hour. As they mingled, they noticed a peculiar symbol, a golden martini, discreetly engraved on the invitations of the most influential members. Chapter 6: A Risky Gamble Decoding the meaning behind the golden martini symbol, our heroes discovered a hidden underground casino, known only to the most trusted members of the club. Sensing they were getting closer to the truth, Steve, Trevor, and their team devised a plan to infiltrate the casino and gather evidence. Chapter 7: High Stakes and High Tension Disguised as high-rolling gamblers, Steve, Trevor, Al, Sam, and Ben entered the secret casino. The air was thick with anticipation as they played their roles to perfection, all while discreetly searching for any information about the missing Happy Hour. With each bet placed and each card dealt, the tension grew.

I spoke to Jascha Hofferbert of SILVERTON Group about the different trajectory of the #NPL and #property markets in Greece and Germany:

Discover how banks and credit unions can enhance community connections by leveraging trusted networks! By engaging in local events, supporting, and promoting ethical behavior, financial institutions can build strong community bonds. Learn more at: https://okt.to/mxDrYo

We are excited to share that Matthew Roberts, Private Wealth Advisor Managing Director, will be speaking at our upcoming event, "Diversify Your Wealth." 📅 When: August 1, 2024 🕙 Time: 10 am - 12 pm 📍 Where: Odyssey Restaurant and Events, 15600 Odyssey Drive, Granada Hills, CA Save the date to gain valuable insights on wealth diversification from Matthew Roberts and other industry experts. Looking forward to seeing you there! #WealthManagement #realestate #usbankprivatewealthmanagement #usbankmortgage #lending #usbank #lender

JPMorgan Among Winners as Latin American Wealth Flocks to Miami Florida “The Miami market is still hot, and local crises in Latin America help to increase this type of lending, since many people like to take their money out of their nation and invest in something as solid as bricks in the US” Brickell neighborhood of Miami : Latin America’s wealthiest investors are taking their fortunes to Miami at one of the fastest clips in history “It’s incredible how much we’ve grown here in Miami” “It was really hard to bring people to Miami in terms of talent, and now after the pandemic it’s the other way around, Miami building at 1450 Brickell Ave “We saw a significant geographic portfolio reallocation to Miami related to the fact that our clients have found more compelling opportunities to multiply their wealth in the US than in some of their countries” “seeing absurd demand from our clients for global investment diversification, mainly now that interest rates outside Brazil have increased a bit” Itau’s new accounts hit 1,000, Bradesco doubles lending book