Recent Developments in Private Banking

31-Aug-2015 #Globalwealth Source: International Banker

The article takes a look at three major regions for private banking worldwide and evaluates their performance in 2015. The notable growth in recent times can in part be attributed to securities markets delivering more favourable returns but is also thanks to the onset of much tighter industry regulation, which has forced many major banks to scale back their investment-banking operations in favour of private-banking expansion.

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