This article appears courtesy of Global Investor.
Global wealth has increased substantially in recent years and, as a result, wealth management has become a significant area of interest and focus for banks. Major institutions are investing in global and regional growth programmes to capture a greater share of this growing business.
Critically for banks, as a consequence of the credit crunch, the revenue stream generated by wealth management arms is becoming more vital than ever. However, as poor performance of firms’ investment banking businesses becomes apparent, there is greater pressure on the wealth management units of those firms.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
