Summary of Global Private Banking and Wealth Management

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Global Private Banking and Wealth Management book summary


7 Overall

7 Applicability

6 Innovation

7 Style


In this lengthy and detailed survey of the private banking and wealth management business, David Maude offers a picture of the current condition of the industry and provides historical detail about how the very wealthy manage their affairs. His objective and balanced chapters examine the challenges confronting the business today, as client relationships change, and he offers a vision for the future. This book probably belongs on the shelf of those in the private banking and wealth management business, or those rich enough to need the advice. getAbstract recommends it to anyone with an interest in how other people’s money is managed.

In this summary, you will learn

  • Why the wealth management and private banking business is changing;
  • What high-net-worth clients want; and
  • What the future holds for the industry.

About the Author

David Maude is an independent consultant and a former senior economist at the Bank of England and Her Majesty’s Treasury.



The Global Market
Wealth management was a high-growth financial-services sector in the 1990s, but it slowed between 2000 and 2002 with the general turndown in global investment markets. The future, however, looks bright. Many new competitors have entered the glamorous wealth management...

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