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PBs should democratise services, broaden clientele: Avaloq’s CEO

As a demographic deficit approaches certain countries in Europe, Avaloq CEO Juerg Hunziker told Asian Private Banker that banks should democratise their wealth management services to secure the ability to make a profit. Amid private banks’ efforts to make their businesses more “future proof” — both Bank of Singapore and Maybank have launched digital upskilling programmes while Deutsche Bank optimised…

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