article thumbnail

Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 740
article thumbnail

2024 Interest Rates Outlook and Implications for Investors

Alpha Sense BI

But following its meeting in December 2023, the Fed outlined its intention to gradually reduce the benchmark rate to 4.6% This past January, the Federal Reserve opted to maintain its current stance on interest rates, keeping them steady (between 5.25% to 5.50% as the central bank’s benchmark) at their initial meeting for the year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three ways credit unions use predictive analytics today

IBI

With high-end analytics solutions no longer limited to large banks and other major financial institutions due to pricing, credit unions of all sizes can now use cutting-edge analytical tools to: Put machine learning and AI to work to develop improved models. Engage in iterative benchmarking. Help guide strategic development.

article thumbnail

As U.S. Cash Balances Reach Record High1, Lincoln Financial Group Enhances Its Best-Selling Registered Indexed-Linked Annuity to Help Protect Against Market Volatility

Wink Intel

adults say they’d like to invest their money in a solution that protects them from losses during times of market volatility, 2 according to recent data by Lincoln Financial Group. 3 Source: Federal Reserve Bank of St Louis, as of June 30, 2023. Annuities are subject to market risk including loss of principal. 3-month U.S.

Loss 40
article thumbnail

Ameriprise Financial Reports First Quarter 2023 Results, Raises Quarterly Dividend 8 Percent

Wink Intel

Our leadership in financial planning and advice and extensive wealth management capabilities led to another quarter of strong client engagement, double-digit growth in client flows and significant asset growth in the bank and certificate companies. billion, and Ameriprise Bank and Certificate Company assets reached $32.9

Loss 40
article thumbnail

Ameriprise Financial Reports Third Quarter 2022 Results

Wink Intel

In addition, growth in our cash business and Bank drove higher spread income in Wealth Management that more than offset equity market depreciation in our businesses. . Ameriprise Bank approximately doubled in size from a year ago to $18.6 Ameriprise Bank grew to $18.6 Unlocking/loss recognition. . Diluted. .

Loss 40
article thumbnail

UBS launches US equity-focused Climate Aware Equity Index to help investors meet environmental and financial goals

Wink Intel

Ghali El Boukfaoui, Head of Insurance Solutions at UBS Investment Bank said: “We are proud to collaborate with Global Atlantic around UBS Climate Aware Equity index which allows investors to access the theme of a low carbon and climate resilient economy, exclusively within Global Atlantic inaugural Registered Index Linked Annuity. “The

Banking 40