Private banking CEO roundtable participants
PdW, Deutsche There is no booking centre around the world where regulation has not become more costly, but that is just part of the business model now, and it is good for the industry. We haven’t yet seen any impact on revenues, however.
TK, Barclays Regulation requires a significant investment on the part of all firms to meet the technological and human capital costs required to meet the new standards. Higher standards are a good thing, and we have made and will continue to make those investments.
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