For investment banks riding Asia's wealth, collaboration is do-or-die
Those that do not run a diversified business, or partner their private banking arms, are doomed, says Credit Suisse banker Edwin Low
Singapore
ASIA is riding on unprecedented wealth creation, but for investment banks operating here, executing deals profitably on behalf of tycoons building business empires in this part of the world is far less straightforward.
A top banker who spent decades hammering out deals here is certain that investment banks that do not run a diversified business, or partner their private banking arms, are doomed.
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