
For an industry once sought and renowned for its stability, private banking has been through turmoil. First the credit crisis, and then the onslaught on bank secrecy, have prompted more changes in months than once happened in years.
By Haig Simonian
Published: September 17 2009 00:03 | Last updated: September 17 2009 00:03

For an industry once sought and renowned for its stability, private banking has been through turmoil. First the credit crisis, and then the onslaught on bank secrecy, have prompted more changes in months than once happened in years.