Core Insights - ING Bank Śląski has acquired the remaining 55% stake in Goldman Sachs TFI, bringing its total ownership to 100% [1][4] - The acquisition is part of ING's strategy to enhance its offerings in the investment and retirement markets, responding to the growing affluence and changing needs of Polish customers [2][3] Company Overview - Goldman Sachs TFI serves over 736,000 clients and manages assets worth PLN 48 billion, holding a market share of approximately 12% in Poland's capital market mutual funds [3] - ING Bank Śląski is one of Poland's largest banks, with over five million retail and corporate clients, and reported customer deposits of PLN 230 billion and loans of PLN 177 billion as of September 2025 [5] Transaction Details - The acquisition of the 55% stake was agreed upon for PLN 396 million (approximately €93 million) and is expected to complete in the first half of 2026, pending regulatory approvals [4] - The transaction is anticipated to have a minimal impact on ING Group's CET1 ratio, while reducing ING Bank Śląski's consolidated total capital ratio and Tier 1 ratio by approximately 34 basis points [4]

Standard Chartered is considering reestablishing its private bank in Switzerland as part of the lender’s efforts to bulk up its offerings for wealthy customers https://t.co/ltcggnnvZp ...

Core Insights - First Western Financial, Inc. has appointed Alex McDougall as Regional President for its Arizona offices, bringing over 18 years of experience in private banking and wealth management [1][2] - McDougall previously held senior roles at JPMorgan and First Republic Bank, where he achieved significant growth in market share and deposits [1][2] - His appointment reflects First Western Trust's strategic investment in Arizona, emphasizing community engagement and support for local businesses [3][4] Company Strategy - First Western Trust aims to strengthen its presence in Arizona, a key growth market, by focusing on client service and community involvement [3][5] - The firm continues to support local entrepreneurs and nonprofit organizations through partnerships and philanthropy [4][5] - Leadership at First Western believes that exceptional client service and personal connection are critical differentiators in the banking industry [4] Leadership and Experience - Alex McDougall has received multiple industry accolades, including the President's Circle Award and Top Contributions to Banking Award, highlighting his ability to drive client satisfaction and business growth [2] - His leadership style aligns with First Western's philosophy of serving as trusted advisors, which is expected to enhance the firm's client-focused approach in Arizona [4][5] - McDougall holds a Business Administration degree and has served on various nonprofit boards, indicating a commitment to community service [5]

With a limited pool of seasoned private bankers to tap India’s booming wealth, one firm is bucking the trend by planning to hire dozens of new graduates https://t.co/7es1alzE5y ...

JPMorgan has hired a senior private banker from CaixaBank in an ongoing expansion of its team catering to the wealthiest clients in Spain https://t.co/pJIJAJhgoG ...

Welcome back. Citizens financial reporting. A top and bottom line beat the regional bank seeing net loan growth across consumer private bank and commercial markets.Stock has uh outpaced the regional bank ETF this year. Shares CNC up almost uh 20%. KRE that's just up a little less than 5% over the same time.Here to break things down, a CNBC exclusive, Citizens Financials chairman and CEO Bruce Benson. Bruce, always good to have you. Um, I'm gonna start off with the private bank just because you guys seem to ...

Browse Investopedia’s expert-written library to learn more about private banking, establishing a family office and other ways to get the job done. https://t.co/vsjmQMDzkh ...

Golden hellos, stock options, hefty commissions and even the doubling of salaries — that’s what seasoned private bankers, and in some cases less experienced ones, believe they are now worth in India https://t.co/t8XwsY1VDf ...