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Hiring more RMs is not enough to compete over the long term, say tech providers

Private banks need to diversify their asset acquisition strategies by adopting data-driven solutions, as relying solely on hiring more relationship managers is “not a sustainable solution”, 360F CEO Michael Gerber tells Asian Private Banker. “Solely hiring more relationship managers to compete is not a sustainable solution,” says Gerber, adding that private banks are under more pressure to grow their client…

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