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Edmond de Rothschild chief warns private banks face crisis

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Europe’s private banks and asset managers are facing a crisis as business models are hollowed out by negative interest rates, the chief executive of Edmond de Rothschild has warned. Vincent Taupin, who has run the Swiss bank since March, also cautioned that neither acquisitions or attracting more money from customers…

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Click here to read the full story: Financial Times

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