Growing Pains: Bär–BAML Deal Highlights IT’s Role in Wealth Management Consolidation

Private banking and wealth management, which historically value high-touch service and relationships, can be counted among the technology skeptics within the broader financial services industry. As investment banking margins have shrunken over the past few years, wealth management has also become a prime target for acquisition and consolidation.

The trend is expected to continue according to the June 2011 biennial survey of managers by PricewaterhouseCoopers, which found that 30 percent of

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: