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Private Banking

Man on a tightrope

Inside this issue

• The financial sector is caught in the crossfire of rulemakers’ reforms

• The troubles of Swiss bank UBS are not over

• Politicians can see rich pickings for tax in the assets of the wealthy - -

Content

Crises force a radical change of approach

Scandals and shrinking wealth are just two of the challenges, reports Megan Murphy

Asia: Concentration of global wealth shifts to the east

Megan Murphy looks at the implications for the sector

UBS: How the mightiest fell out of favour

The Swiss bank’s troubled times are far from over, reports Haig Simonian

Switzerland: Disclosures, upheavals, sales and takeovers

Haig Simonian explains why this year is one most would like to forget

Regulation: Rulemakers move on client protection

Banks face tighter scrutiny, says Brooke Masters

Tax: Affluent investors ponder where to live

Vanessa Houlder explains the far-reaching impact of a changed climate

Deposits: Lure of high returns leads investors warily back to risk

The widespread flight to safety may be over, says Sharlene Goff

Anxiety levels can also guide investment decisions

Private banks are increasingly turning to behavioural finance to understand clients’ attitudes to risk, writes Alice Ross

Global views: Wealthy seek tailored services

The rich have become more international in outlook and activities, says Megan Murphy

Succession planning: Tricky business of giving it away

It is not easy to hand your money on, explains Lucy Warwick-Ching

Churning of wealth managers unsettles sector