Yves Mirabaud discusses his bank’s financial results for 2020 that have gained momentum amidst the COVID-19 pandemic crisis. Yves Mirabaud’s strategy was developed in response to the Covid-19 pandemic, a major global pandemic that hit in 2020. Mirabaud says the firm was able to win several private bankers to strengthen its business, and it was active in private equity mergers and acquisitions. Mirabaud’s strategy has helped banks maintain their liquidity and keep their customers safe during difficult times.
How The Bank Managed to Survive The Pandemic
In today’s business world, getting caught up in the daily grind is easy. However, Yves advises that if you want to be successful, you must take the time daily to review your financial results and make any necessary adjustments. He adds that wealth managers should pay attention to asset growth, expense reduction, client retention rates, employee satisfaction ratings, and charitable giving to stay ahead of the curve.
Yves Mirabaud, the CEO of Mirabaud Asset Management, had a very innovative banking strategy during the pandemic. He decided to keep all of his branches open even though many other banks had closed their doors. This decision allowed the bank to remain open and serve its customers during the pandemic.
Additionally, the bank used technology to help its customers stay connected.
Amidst the Covid-19 pandemic, many banks are struggling to remain afloat. However, Mirabaud’s innovative banking strategy is proving to be a success, and the bank is now looking to expand its operations even further. According to reports, Mirabaud has seen a surge in business since announcing its new approach to lending. This trend appears to continue as the Covid-19 pandemic continues to take hold.
Looking forward, Yves Mirabaud expects continued growth in investment performance driven by rising global markets, asset management due to the increasing demand for its solutions, and fee income from a growing client base and higher commissions.
See related link for more information.
Additional information about Mirabaud on https://en.wikipedia.org/wiki/Mirabaud_Group