The pessimistic global economic outlook is likely to damage the profitability of banks and lead to wealth management businesses gaining importance as a means to generate revenue via cross-selling and managing fees, according to Moody’s analysts. “The operating environment is deteriorating across the major APAC banking systems, with profitability under pressure in most systems,” Stephen Long, managing director for Moody’s…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
