Digital Wealth Asia Forum 2019 Singapore - Highlights - Bassam Salem

Bassam Salem of McKinsey & Company

Jun 21, 2019

Jump to section:

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

Video transcript

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

The financial industry continues to be extremely attractive in Asia. We are at the end of the financial cycle and there are a lot of questions on what the Fed will do in terms of increasing rates or lowering rates, and it is creating uncertainty and the same applies to the US/China trade tension. But otherwise wealth management is a cool industry in both Hong Kong and Singapore, it attracts a lot of talent. Of course, we continue to have a lot of issues on profitability, on sustainable investment, but otherwise, the opportunity is here and is here for a long period of time.

More videos from Bassam Salem, McKinsey & Company

Latest Articles

Latest News