Net inflows of cash have surged by more than 25% at global private banks, though AUM growth has slowed, said a new report by Scorpio Partnership. Currency fluctuations and financial market volatility contributed to tapering AUM growth, according to the Global Private Banking Benchmark 2015 report from the London-based strategy and research firm. While net new money (NNM) grew 26.8%…
Global private banking net new money surges: Scorpio
8 July 2015

Share article
Share article
Related News

Citi PB hires global head of family office group from J.P. Morgan PB
15 June 2022

CIO Weekly – The end of the tech crackdown is nigh: Thomas Kwan of Harvest Global Investments
9 June 2022

Bank of China (HK) hires private banking market head from HSBC
1 June 2022

DBS’s head of private banking for Greater China departs
10 May 2022

Major Fed rate hike: Where three money managers are putting their money
5 May 2022

Asia-Pacific accounts for bulk of net new money: Claudio de Sanctis of Deutsche Bank IPB
19 April 2022