Lack of trust in banks in Asia is “no surprise”
Banks are widely mistrusted as providers of investment advice and products, finds an EY survey. They should be more open on pricing and stop taking commission, says Jimmy Ng of Bordier.
The widespread lack of trust in banks as providers of investment advice and products – as indicated by a new report – is to be expected in Asia, says Jimmy Ng, Singapore-based director of investments at Swiss private bank Bordier & Cie.
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