Digital Wealth Asia Forum 2019 HK - Highlights - Francois Monnet

Jump to section:

1. What are the opportunities and challenges for the industry?

Video transcript

1. What are the opportunities and challenges for the industry?

Opportunities: First we live in a fantastic region, right? Asia Pacific is growing steadily; the category of private banking is underpenetrated; I reckon that only 40% of assets today are managed by private banking institutions. And there’s an acceleration in terms of the way that people consume financial services. This is driven by technology, of course, digitising services. If you bring all of this together there is a fantastic opportunity to capture growth faster, and in a way which engages the client more often. We at Credit Suisse believe that Asia is definitely a place where wealth with continue to support the industry, but the techno-savvy clientele will, as well, accelerate access to content, personalised advice, and therefore engagement with the banks.

More videos from Francois Monnet, Credit Suisse Private Banking

Latest Articles

Latest News