Private bankers are however, split on how much of today’s private banking business stems from referrals from other banking units such as investment and retail, according to Asian Private Banker’s weekly On-the-Spot poll. 36% of respondents opted for 0-10% of business, 30% chose 11-20% and 34% said over 20% of private banking business stems from referrals from other business units. Indeed…
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