European Wealth Management, UBS, CIBC
WEALTH MANAGEMENT IN THE NEWS
European Wealth Management Spending Up
Wealth management firms in Western Europe are expected to increase spending on wealth management initiatives in 2004, with Germany, Spain and the UK spending the most, predicts the industry analyst firm IDC in a recent report. According to the firm’s findings, Western European wealth management firms are increasing their IT spending as they are deploying new initiatives after the past several years of marginal investments.
The analyst firm sees customer
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