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| EXECUTIVE SUMMARY |
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• International banking advice is crucial as globalization shows no signs of slowing • US/China trade dispute has limited impact on wealthy families’ banking needs, but will impact their portfolios as markets respond • Regulation continues to be a burden as countries have multiple regulators that banks must work with, while harmonization of regulations looks unlikely soon • Family offices and multi-family offices are increasing in number around the world • Technology is a key differentiator for private banks today • Appetite for philanthropy and sustainability is growing in Asia, Latin America and the Middle East |
Clive Horwood, Euromoney Everyone here today is dealing with clients with international needs and there is a sense that clients are only going to become more international.
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