AI is rewriting private bankers’ job description

THE debate about what artificial intelligence means for private banking is no longer a fringe conversation happening at the edges of industry conferences in Singapore. It is front and centre, and the pressure to have a clear answer is intensifying.

What does a private banker actually need to know in the age of AI? Is the industry moving fast enough to close the gap before the technology outpaces talent?

The answer looks quite different from even a year ago. And the distance between those who understand this and those who do not is widening at a pace that institutions can no longer afford to treat as someone else’s problem.