Private investment banking overshadows asset management
Asia’s wealthy are at a point where private investment banking caters to their needs. But asset management will come to the fore, says Francesco de Ferrari at Credit Suisse.
The emergence of private investment banking in Asia is a reflection of where clients are in the economic cycle, but asset management will grow in importance as the intergenerational transfer of wealth takes place.
That is the view of Francesco de Ferrari, Asia-Pacific head of private banking for Credit Suisse, who is faced with tripling the size of the business in a testing climate and a competitive landscape.
The firm’s private banking franchise has about $814 billion in assets…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.