Private Banking and Wealth Management Survey 2018: Results Index
More than 2,000 private banks took part in the 2018 Euromoney private banking survey. See who’s up and who’s down globally, regionally and by country.
The old concept of private banking is not fit for the modern age of finance. And if the people who run these institutions don’t change the core premise of what they do, and how they do it, then their clients will effect that change for them. Wealth management is being dragged, sometimes kicking and screaming, into the 21st century. The catalyst for change will be the twin goals of sustainability and impact. At the other end of what will be a long journey could be a better business for everyone.
While other parts of finance splinter and specialize, in wealth management it looks like bigger really does mean better: UBS wins Euromoney’s Private Banking 2018 survey yet again and the big global franchises continue to take the lion’s share of the industry.