July 02, 2009 at 12:31 PM EDT
Private Banking Sector Still Appears Intent on Consolidation
The credit crisis appears to have done little to dampen expectations of pending international consolidation across the private banking and wealth management industry,according to a new survey from KPMG. However, this appetite for acquisition belies some serious structural concerns that should be dealt with prior to many banks returning to the acquisition trail, the survey [...]
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