Intense competition, a tendency for wealthy Asians to use multiple private bankers and high staff costs are likely to force consolidation in the wealth management business in Singapore and could push operators out of business, top private bankers have warned.
顶级私人银行家警告称，由于竞争激烈、亚洲富人倾向于私人银行服务以及行业员工成本较高等原因，新加坡财富管理行业可能即将面临整合，部分公司可能倒闭。
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