CHALLENGES IN THE PRIVATE BANKING INDUSTRY – UNCERTAINTY, WORSE THAN TOUGH FINANCIAL RULES Cover Image

CHALLENGES IN THE PRIVATE BANKING INDUSTRY – UNCERTAINTY, WORSE THAN TOUGH FINANCIAL RULES
CHALLENGES IN THE PRIVATE BANKING INDUSTRY – UNCERTAINTY, WORSE THAN TOUGH FINANCIAL RULES

Author(s): Gheorghe N. Popescu, Veronica-Adriana Popescu, Cristina-Raluca Popescu
Subject(s): Economy
Published by: Editura Eurostampa
Keywords: Banking industry; uncertainty; Financial Rules; attractive growth opportunities; emerging markets; world economic crisis

Summary/Abstract: Our paper “Challenges in the Private Banking Industry – Uncertainty, Worse than Tough Financial Rules” describes the ascension of the Private Banking Industry in developed countries during the last years, previous to the beginning of the world economic crisis and then the challenges that came on the way, as the world economic crisis began. It is generally known that specialist in the financial and banking business believe that the Private Banking business is poised to capture the attractive growth opportunities that exist in the market but it is also very sensitive to any uncertainty factor. In our research we have started our presentation with the importance of the existence of the private banking sector in each country, no matter of how developed that country is, than we have outlined some of the big investment themes for individuals in 2011, an year when people should be prepared for market conditions that are volatile but, on balance, reasonably favorable and where interest rates are very likely to remain low in the advanced economies through most, if not all, of 2011, which is supportive for stocks and for commodities, and in the end of our presentation we have emphasized the main risks that the year 2011 is bringing with it, which include the still not fully resolved issue of sovereign debt in a number of European countries, the US deficit and the risk of inflation in emerging markets.

  • Issue Year: XVII/2011
  • Issue No: 17
  • Page Range: 51-58
  • Page Count: 8
  • Language: English