Research and Markets has published a new report, “Best Practice in Wealth Management – Asia Pacific,” highlighting the trend of private banks strengthening their positions in the improving global economy.The report covers best practice in wealth management around the globe, with a focus on the Asia-Pacific region. Competitors covered in this report include Merrill Lynch, HSBC, Barclays, Coutts, Citigroup, St. George, DBS, UOB, OCBC, Sand Aire and Credit Suisse. This report incorporates primary research sources including private banks and wealth managers. Secondary research sources include central banks, census and statistics departments and internet research.
For example, Citigroup is ensuring that it is always at the forefront of the client’s thoughts on investing. Indeed, by targeting the children of wealthy clients, the bank is likely to be the first point of contact when the time comes to take financial responsibility. Although in many cases competitors stand out more because of the deficiencies of the market than through being particularly innovative or far-reaching.