Considerable regulatory and cost pressures are forcing private banks to adopt new business models and clearly distinguish between their client segments. This is according to the latest international private banking study conducted by KPMG and the University of St. Gallen.
Find out more on questions such as:
- How does Switzerland fare in an international comparison with its competition in Luxembourg, Austria, Singapore and Hong Kong?
- Are location-related factors such as political stability or client data confidentiality still regarded as key unique selling points?
- Is it even worth pursuing any more cross-border business in such a heavily regulated environment?
- How is the expected wave of consolidation in the private banking sector developing
- Which clients should be served and which not or no longer?
- How will the role of the client advisor change?
