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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78
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The Transformative Power of AI in Business

Tom Spencer

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147
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Wealth Management: Building and Protecting Fortunes

Tom Spencer

This may include setting up insurance policies, creating a retirement plan, and other risk management strategies. For example, a wealth manager may recommend that a client purchase a specific type of insurance to protect their assets from unexpected events such as death, disability, or critical illness.

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Why Life Insurers and Asset Managers Must Join Forces to Win

BCG

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.

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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. Gross Domestic Product (GDP) growth to 5.0% Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. Morgan Stanley agrees. over the next two years. trillion GDP.

Finance 75
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How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business

It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.

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How To Pitch A Disruptive Business Plan

Tom Spencer

The Maintech Summit at the Frankfurt School of Finance and Management (co-sponsored by Excon , a local start up instigator) is the first real academic-based “shark-tank” environment for disruptive start-ups in Frankfurt. The concept of medical cannabis covered under health insurance has just become law in Germany. Have a Story to Tell.

How To 121