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More clients are asking their relationship managers about alternatives to their existing banking relationships: Philippe Legrand warns the industry

“Clients are very interested in returns and quality of service and if IAMs [independent asset managers] can prove they are better on both front, clients are willing to try something new,” Philippe Legrand, chief executive officer, London & Capital says, sounding a warning bell for private banks who may be assuming clients are more content than they actually are. “More…

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