Private banks in Asia “are typically run very inefficiently”
Why pay private banking salaries if you're running a brokerage, asks Bryan Goh, chief investment officer at Swiss private bank Bordier & Cie.
Swiss private bank Bordier & Cie is a relative newcomer in Asia, having entered the region via its base in Singapore about five years ago. Bryan Goh joined the bank last year as chief investment officer, before which he was head of alternative investments at Singapore's DBS Bank. He spoke to AsianInvestor about charging models in the wealth management industry.
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