Comprising:
Keeping it simple – the strategy for the world’s wealth managers
The world’s rich are getting richer and more numerous but wealth managers still find themselves in a tough and competitive environment. Many are rethinking strategies in a period of rapid change
International tax provisions crush Swiss banks
As Swiss private banks open their books for the first time, reports hint that tax clawbacks from the US and other countries will bring many Swiss banks to their knees
Asian private banking and lending eye Russia business
The escalating conflict in Ukraine and sanctions placed on Russia by the EU and the US are pushing private Russian money into Asian wealth centres and encouraging the country’s 10corporates to seek new sources of funding in the region
‘Shared’ family offices – the next competitor to private banks
The number of family and multi-family offices is steadily increasing thanks to technology developments and a desire for objective advice, say wealth management industry executives
Data from the Euromoney Private Banking Survey 2014