Second quarter slow for private banks, volumes impacted by uncertainty

24 June 2011 | 2 minutes read

Even as reports estimating the quantum of wealth that resides in Asia turn increasingly optimistic, some private banks are finding that the reality is far harsher than they had anticipated. For many of the smaller banks whose bread and butter income is the transactionary fees they earn from clients, the significant dip in trading volumes post May is proving to…

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