Is there anything more frustrating than finding out your bank account is unavailable due to a technical issue? Or being an IT manager at a bank and, through no fault of your own, feeling powerless when your IT system goes down?
Philippe Bens has over 25 years of experience in asset servicing. After graduating from a Business University, he began his career at a top-tier Luxembourg bank and after two years, moved to Bank Indosuez Luxembourg to work as a fund administration manager. In 1994, he was appointed Head of Depositary and Custody Bank and six years later, he became Senior Project Manager for Fastnet Luxembourg, where he was in charge of customer communication flows. In 2002, Philippe was promoted to Business Development Director for Switzerland, Benelux, Scandinavia and the Middle East and six years later, in 2008, he moved to Switzerland to become the Managing Director of CACEIS, where he is in charge of all operational activities and business development with a specific focus on real estate. With the creation of the CACEIS Bank Switzerland Branch in Nyon in 2015, his role changed to Country Managing Director and Head of Regional coverage for all CACEIS activities in Switzerland. We caught up with Philippe to find out more about CACEIS’ Swiss Branch and the most frequent problems that the investors they work with face.
Many companies suffer from having much-needed capital tied up in their accounts receivable, But this should not be a problem as there are now agencies who offer to finance a company in exchange for their invoices.
Board members of the two motor vehicle firms have finally agreed on a merger deal at $50 billion, becoming fourth largest car manufacturing company in the world.
By the end of 2019, some 2.1 billion consumers will have used a digital wallet in some way, shape or form. That’s according to new data from Braintree’s 2018 Global Payments Report. This figure represents a staggering 30% rise from 2017, which suggests that digital wallets and mobile payment apps are on the cusp of overtaking debit and credit cards as the most popular payment method around the world.
If you bought property while living abroad for a few years for example and did not want to immediately sell up, you could test the water to see if any tenants may be keen to occupy it as you move back home. Furthermore, you may have purchased a holiday home and renting it out may […]
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