Private banking CEO roundtable participants
PdW, Deutsche We are investing heavily in technology. Access for clients to bespoke internet interfaces and mobile apps is becoming necessary to remain successful in the private banking business.
TK, Barclays Technology is critical. To be an Apple in the wealth-management arena with regards to technology would be the holy grail. There’s a long way for the industry to go towards that level of client/consumer experience, however. As an example, we’ve invested around $1 billion over five years in our Gamma programme. That includes technology, infrastructure, people and brand. The bulk of that investment is in technology.
JF, Citi $5 trillion in wealth is being transferred in the next 10 years...
