Heard on the street: Are private banks struggling to meet year-end targets?

17 December 2012 | 2 minutes read

Has a lack of client demand for exotics jeapordised private banks’ ability to meet year-end budget targets? One head of advisory at an integrated bank believes so, suggesting boutiques are at the greatest risk of falling short. “The boutique private banks have suffered this year as they have relied heavily on structured products for which demand is down and margins…

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