StanChart private bank sees future in price transparency
The business should embrace offering clients quotations from a range of banks, it says
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Singapore
SOME private banks are more open than others - and a top executive at Standard Chartered's private bank thinks the time has come for clients to demand more pricing transparency from private banks.
Speaking to The Business Times in an interview, Didier von Daeniken, global head of private bank and wealth management at StanChart, noted out that few private banks offer an "open-architecture" model.
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