Asia private banking debate: Great opportunities in Asia

Asia private banking debate: Great opportunities in Asia

By CHRIS WRIGHT

Asia offers a unique client set of young entrepreneurs; it also offers the challenge of new generations inheriting wealth with different expectations from their predecessors. That is a great opportunity, but it requires private banks to be nimble, thoughtful and technologically adept.

De Ferrari ditches Credit Suisse for AMP – an altogether different job

De Ferrari ditches Credit Suisse for AMP – an altogether different job

By CHRIS WRIGHT

Francesco de Ferrari was running private banking for Asia at Credit Suisse – arguably one of the most important and well-positioned roles in the bank – so why has he given it up to become CEO of beleaguered Australian wealth manager AMP, a place so toxic it lost its chief executive and chairperson within a fortnight in April?

Risk enters Brazilian wealth management

Risk enters Brazilian wealth management

By ROB DWYER

A change in the interest rate environment will require a fundamental shift in mind-set from the clients of Brazil’s private banks – are they ready for it and where should they look for returns?

Forget robo-advisers, it’s superhumans that are needed

Forget robo-advisers, it’s superhumans that are needed

By HELEN AVERY

In 2003, the average number of high net-worth clients per relationship manager or financial adviser in the US was 170 – today, that figure is expected to be about 280, with advisers regularly claiming to know someone who knows someone who has at least 500.

CSR: Pension funds turn up ESG dial

CSR: Pension funds turn up ESG dial

By HELEN AVERY

Blue states lead lagging US on environmental, social and governance (ESG) investing; pension funds hold investment managers accountable.