Western Bank’s Post

The ZF #BankersSummit 2024 brought together key players in the financial sector to discuss the current state and future direction of #banking in Romania. The event highlighted several trends and challenges facing the industry, particularly in #DigitalTransformation, financial education, and the evolving competitive landscape. Here are three key takeaways from the summit, from our Business Development Manager, Nicu Enache! Link to the full article in comments! ⬇

The D&O market in Great Britain is seeing median rates continue to trend down as a result of ongoing competition between insurers, according to WTW’s GB D&O Market Update. “After significant rate reductions throughout 2023 and early 2024, median rates are no longer dropping as drastically as they have over the last three years, which is in line with our expectations given the significant reductions that have already taken place,” said the broker. More... https://ow.ly/FOQR50SYFC2 #RiskSpecialty #Risk #InsuranceRates WTW

The D&O market in Great Britain is seeing median rates continue to trend down as a result of ongoing competition between insurers, according to WTW’s GB D&O Market Update. “After significant rate reductions throughout 2023 and early 2024, median rates are no longer dropping as drastically as they have over the last three years, which is in line with our expectations given the significant reductions that have already taken place,” said the broker. More... https://ow.ly/FOQR50SYFC2 #RiskSpecialty #Risk #InsuranceRates WTW

Independent Great Britain - the quality brand is diversifying… Between 2016 and 2021, ICT exports grew by 15 per cent while professional services grew 12 per cent. Banking, the City’s traditional core strength, grew eight per cent. The figures reinforce the view that the City is diversifying away from its traditional strength in finance. Recent data from the Office for National Statistics (ONS) shows that the number of finance jobs have remained roughly constant over the past decade while other sectors have seen rapid growth. https://lnkd.in/e_nN_Cu5

Our business partners and the principles outlined in our Business Partner Code of Conduct play an important role in fulfilling our mission. Learn how Esusu and U.S. Bank align with our code: https://spr.ly/6041RggG3

Our business partners and the principles outlined in our Business Partner Code of Conduct play an important role in fulfilling our mission. Learn how Esusu and U.S. Bank align with our code: https://spr.ly/6045R9kB5

🚀 Exciting news! 📊 My teammates and I just wrapped up the Bursa IDEA report on the banking industry trends. 🏦 What's your take on the current market? Let's discuss it! #bankingtrends #marketinsight

Marcus & Millichap CEO Hessam Nadji dives into office real estate nuances and opportunities in a recent feature on Bloomberg. Discover the sector's challenges, banking system risks, and promising trends. Watch more: https://lnkd.in/gGRqr535 #cre #officeinvesting #commercialrealestate

Stay tuned for insights into a successful December! 📆   Our Economic Event Calendar is now available for the last month of 2023, featuring important global indicators like PMI, retail sales MoM, and other key dates for industry events that assist in making informed investment decisions.   Head to our website at itauprivatebank.com to find out more!   #EconomicCalendar #Itaú #Banking

This AGM season has revealed that some banks with UK material risk takers will be taking advantage of the lifting of the mandatory bonus cap to significantly increase bonus opportunities for certain staff. For banks still planning their response, considerations around legal risk, employee relations, regulatory compliance and competitiveness will come into play. Read the full article below.