Outsourcing may be key to growth for smaller private banks

26 January 2017 | 3 minutes read

Can private banks in Asia with US$10 billion in AUM can grow organically? Apparently so, according to consulting firm, Synpulse, which maintains that a private bank with US$10 billion in AUM and a cost/income (CI) ratio of 80% can increase its assets by US$400 million annually, all the while slashing operating costs. Synpulse says that the key to survival for a…

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