1. Private pursuits.
- Subjects
- *
WEALTH management services , *PRIVATE banks , *BANKING industry customer services , *RICH people , *ECONOMIC competition , *AFFLUENT consumers - Abstract
The article reports on wealth management services and the private banking industry. The discussion topics include rich peoples' demand for services, how wealth managers try to balance the cost of servicing wealthy clients with producing bank revenue, and the outlook for the private banking markets in Asia and Latin America. Competition in the wealth management sector outside the banking industry is noted.
- Published
- 2012