More than 35% of respondents in a recent Asian Private Banker On-the-Spot poll indicated that they reject over 30% of potential private banking clients, for not having a good enough answer to one specific question during the initial due diligence process. The question – “Where does your money come from?” – is also one that private bankers dread asking, industry…
Sizeable number of bankers reject at least 1 in 3 potential clients
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