Comment & Analysis
'Inflation will return towards 2% this year': Quintet Switzerland CEO
Cost pressure, an increasingly competitive market and the transfer of wealth to new clients are just three of the challenges private banks face at the moment. According to management consultant McKinsey, profit pools in Western Europe fell 1.5% to €13.3bn (CHF 14.6) for 2019, down from €13.5bn the year before….
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