Europe
Praemium names chief executive
He replaces Michael Ohanessian who left the company in May 2021
STM Group cuts down number of executive directors
Chief operating officer role will be made redundant
Affluent clients prefer alternative providers
Only 27% in APAC prefer to use traditional banks and building societies to manage investments
Italian tech firm buys German core banking solutions provider
To support the ‘digital transformation of private banks, wealth and asset managers’
PEOPLE MOVES: RWC Partners, HSBC PB, Utmost International
CEO steps down from UK investment firm, as private banking group names head of Qatar