Since the 2008 banking crisis, the private banking and wealth management industry has been under increased margin pressure, a fact corroborated in Orbium’s recent C-level survey. 94% of respondents – made up of C-level executives from nearly 50 leading private banking and wealth management firms – believe this trend will continue in the near term.
Financial institutions have tried to fend off this trend primarily through cost cutting and consolidation. However, a renewed focus on revenue growth may be the path to improved Industry profitability. Orbium’s Head of Strategy and Growth, APAC – Piotr Zboinski delves into the unexplored opportunities in the Front office that – with limited investment – can unlock revenue…
“There is such a thing as having your cake and eating it”
