Wealth management firms have suffered from falling valuations and need to adapt their business models to an environment of rising regulation and a frail economic recovery

Pictet and Lombard Odier’s new structures will limit partners’ liabilities, but also boost their international ambitions 

Relationship managers must re-educate themselves to cope with new regulations and commercial considerations

Willem Sels (left), UK Head of Investment Strategy at HSBC Private Bank, and Peter Branner, global CIO, SEB Asset Management, argue about the role high yield should play in client portfolios

The damage to banks reputations from scandals will make it harder for these institutions to secure private client business

The restructuring at UBS and Credit Suisse will leave Swiss private banking in better shape

Robert Farago of Schroders Private Bank (left) and Oliver Gregson from Barclays debate whether investors should head for European or US equities

It is looking increasingly likely that many of the big global financial players will seek to offload some of their private banking operations, but who might step in to buy them?