COO of Pilatus Bank discusses the operational opportunities and challenges that financial institutions must consider in order to make private banking more accessible and affordable
Retail banks are facing challenges due to digital disruption, and the subsequent changes in consumer expectations, demographics, and behaviors. Luis Rivera, COO of Pilatus Bank, believes that in order to remain competitive and to stay ahead of these modern demands, retail banks have been forced to cut operating costs and instead focus their resources on innovation and digitally-enhanced products. ... (read more)
Chairman of Pilatus Bank claims that Private Banking soon will become an everyday lifestyle service, the same way BMW in the automobile industry has evolved from an exclusive and luxury item into an everyday item in the last 40 years It’s becoming apparent that the next generation of banking is going to look very different from today. Ali Sadr, Chairman of Pilatus Bank speaks ab... (read more)
So very proud of the Pilatus Bank team for all of their hard work this year...best of luck!
Chairman of Pilatus Bank says Private Banking is staging a comeback with a disruptive force, which will transform the way we bank forever
Pilatus Bank now has its eyes set on a rather unusual and under-served, yet one with great potential, segment of the market. The Bank aims to bring Private Banking to the mass-affluent, and it has a truly innovative way of achieving this. The mass-affluent make up less than 15% of the European population, yet hold almost 50% of total wealth. If Pilatus Bank succeeds with this unique and ground-bre... (read more)