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PBs must “clearly differentiate” execution-only and advisory services to spur advisory uptake in Asia: Synpulse

Private banks should make clients aware of the differences between execution-only and advisory services in order to justify different pricing strategies and boost the uptake of advisory in Asia, according to a whitepaper published by management consulting firm Synpulse. In response to the ban of retrocessions and increase of regulatory burdens in carrying out execution-only transactions imposed by European regulators…

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