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Global Private Banking and Wealth Management: The New Realities

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ISBN: 978-0-470-68781-9

February 2010

360 pages

Description
Wealth management is one of the areas in which banks and other personal financial services players are investing heavily. But the market is changing fast. Going forward, players therefore need to adapt their strategies to the new realities: what worked in the past will not, for the most part, be appropriate in the future. This unique book, written by a former McKinsey consultant, offers an up-to-date, remarkably detailed, practical understanding of this exciting area of financial services.

Packed with best-practice examples and perspectives on the opportunities ahead, highlights include:

  • Wealth management challenges: new and old
  • The changing client profile
  • New products, pricing and channels
  • Competitor and business-model landscapes
  • External challenges and opportunities
  • Future perspective
  • Wealth market analyses for 25 countries

For anyone involved in wealth management, this should be a compulsory read.

About the Author
DAVID MAUDE is an independent consultant. A former consultant at McKinsey & Company, he serves financial institutions around the world, advising on their key strategic, organisational and operational issues. He has also worked in strategy for Barclays, and spent six years as a senior economist at the Bank of England and HM Treasury. He co-authored the pioneering Euromoney book, Private Banking: Maximising Performance in a Competitive Market, published in 1996. He may be contacted at [email protected].