Innovation in Private Banking and Wealth Management

This study, from Deloitte Switzerland's Monitor Deloitte, emphasizes the need for the Private Banking and Wealth Management industry to create a mind shift in how to look at innovation and to become more innovative.

In particular, the report defines the term “innovation,” describes the industries’ innovation gap, and reviews the current business models in the Private Banking and Wealth Management industry.

Wealth managers should become more innovative – and they can: The study showcases possible solutions how innovation can be utilized to transform the Private Banking and Wealth Management business models.