Recent research provides insights into the portfolio asset allocation of the very wealthy, as many ultra-high-net-worth investors have doubled their allocations in private equity since 2020.

Global assets under management dropped by 10% in 2022, according to BCG’s global asset management industry report. This is prompting many asset managers to review their cost structure and look at how to diversify their revenue streams.

While much focus has been on the recent bank failures in the US, many of the larger institutions have improved their financial performance due to net interest income growth and another quarter of strong trading results.

Fintech’s age of adolescence has arrived. The adult world of JPMorgan beckons. Recent US banking failures have more to do with start-up growing pains than the traditional banking industry.

The Banker’s awards are the most prestigious in the global banking industry and have been running since 2000.

The 10th edition of OMFIF’s Gender Balance Index paints a gloomy picture when it comes to the progress made on senior-level gender equality at central banks, commercial banks, pension funds and sovereign funds.

The question of global financial stability has come to the fore following the demise of Silicon Valley Bank and Credit Suisse in quick succession. Where are the emerging points of weakness in the banking system?

AI’s ability to transform how the world works, consumes and learns is highlighted by applications like ChatGPT. In financial services, transparency around the use of such technology is key to protecting customers and keeping their trust.

By 2030, the growth of blockchain will be measured in billions of users and trillions of dollars, driven by the adoption of central bank digital currencies and tokenised assets, according to a Citi report.

Regulators on both sides of the Atlantic have worked hard and fast to contain the fallout from SVB’s meltdown. But what actions could have been taken to avoid this disaster?