Oracle Capital Group Emerges with Credit from Euromoney Survey

Oracle Capital Group Emerges with Credit from Euromoney Survey

Oracle Capital Group features in the top 15 organisations for Philanthropic Advice in the 13th annual Private Banking and Wealth Management Survey by Euromoney magazine. This is high recognition indeed in a survey carried out among 600 institutions, large and boutique, across 90 different countries.

Philanthropic Advice is one of 15 different product and client categories on a global and regional basis covered by Euromoney’s Private Banking Survey. Ranking results incorporate 69 countries. The results are based on a peer review, and Euromoney publish tables for each category; a full methodology of how they obtain their results; and an analysis of trends that are shaping the industry.

Among the trends is the revelation that slightly fewer respondents are expecting revenue growth this year – 73% as opposed to 78% last year. The Survey also shows that, just as Oracle Capital Group has been doing in recent years, private banks have increased their focus for expansion on China and North Asia. As many as 22% of respondents listed the region as key to investment in the coming year, followed by Western Europe.

When questioned about priorities for investing this year, CEOs of private banks singled out client user experience technology and asset management. And 41% of banks say that regulatory changes will be the biggest challenge for them.

Commenting on the Company’s performance in the Survey, the Chairman of Oracle Capital Group, Martin Graham, said:

“At a time when philanthropic activity among the wealthy is coming under ever closer scrutiny, it is very rewarding that our peers recognise the advisory efforts of Oracle Capital Group as being among the best in the world. Compared to some of the institutions in this Survey, Oracle Capital Group is small; but it shows that when it comes to wealth management the type of personal advice which we can offer is greatly valued.”

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