Banks or clients wanting to view more detailed results and analysis can do so by contacting Mark Lilley, head of data publishing, Euromoney: Tel: +34 915946046; email: mark.lilley@euromoneyplc.com
Editorial content
The death of private banking… and how wealth management can have a brighter future
The old concept of private banking is not fit for the modern age of finance. And if the people who run these institutions don’t change the core premise of what they do, and how they do it, then their clients will effect that change for them. Wealth management is being dragged, sometimes kicking and screaming, into the 21st century. The catalyst for change will be the twin goals of sustainability and impact. At the other end of what will be a long journey could be a better business for everyone.
Big beasts dominate in private banking
While other parts of finance splinter and specialize, in wealth management it looks like bigger really does mean better: UBS wins Euromoney’s Private Banking 2018 survey yet again and the big global franchises continue to take the lion’s share of the industry.