(Newswire.net — July 15, 2019) — July 15, 2019) Dr. Boaz A. Schwartz, known for establishing Deutsche Bank Israel as a top-tier foreign bank in his region and a series of uber-successful decisions that are continuously bringing DB up to $150 million in annual revenue is without a doubt one of the most astonishing figures in the Israeli banking industry.
But what is the secret sauce of his success?
Deutsche Bank Israel
To kick the story off, we are to first look at the institution behind the man – Deutsche Bank itself. The bank is a multinational financial services company and investment institution prominently present across the entirety of the European Union.
It is also the largest German banking institution in the world.
That said, the bank’s success seems to be based on Geography, as, aside from the European countries, its presence, as well as its market share are minimal.
That said, the bank is a prominent leader in Israel, a country that is not a member of the EU.
Why?
Because it relies on efficient, pro-western management of a man that has the schooling and the experience of a Wall Street shark and a deep, intuitive understanding of the local market – Dr. Boaz A. Schwartz.
Who is Boaz Schwartz?
The secret of Dr. Boaz’s success takes root in the man’s passion for education. After graduating from Tel-Aviv University with a Master’s degree in Science and Electrical Engineering, Mr. Schwartz proceeded to gain the best of what the western schools of business have to offer.
Boaz has earned his BA from the Wharton School of the University of Pennsylvania where he was on the director’s list and a Ph.D. in Finance from the University of Chicago where he was praised for excellence in scholarship.
Again, a mish-mash of the local market and an international offering. We are starting to see a pattern here, don’t we?
As for Schwartz’s career, he started off as a consultant for the Franklin Savings Association where he has mastered the art of developing sophisticated hedging strategies, analyzed fixed-income securities, and developed pricing calculators for fixed-income securities.
Boaz has later combined the newly-gained skills with a deep understanding of the Israeli market and landed on a career-defining position of a consultant for the B.A.S. Financial Advisors. There, dr. Schwartz presented the interests of Smith Barney’s Senior and Prof. Ben Shahar in Israel alongside with consulting for such sharks of the industry as the Poalim Capital Markets, EI=AI, Clal Issuing, and Zim.
So what is his secret?
Now that we’ve looked at some of the facts, we may freely deduce that there’s really no secret at all. Boaz is simply an exceptional manager who has managed to understand both the interests of his overseas clients and master the nuances of the local market to meet them.
Something as simple as that has allowed for Deutsche Bank to grow into the largest foreign bank in Israel with a top market share in finance, markets, private banking, and institutional sales.
For more information visit: https://boaz-schwartz.com/