The smaller shops may be able to steal clients away from the larger wealth managers, but remain very much part of the big bank ecosystem 

Many key trends have transformed private banking over the past two decades, but some talented individuals have provided the impetus for change 

The top gongs in PWM’s Global Private Banking Awards went to those banks which displayed innovative thinking towards portfolio management and in the digital arena, while scandals still plague the industry 

Private equity was once seen as the domain of aggressive raiders, but now has a cloak of respectability with private banks recommending clients boost allocations. They should do so with their eyes wide open

As technology transforms private banks, leaders must ensure that data is always at the core of their digital rebuilds

The integrated ‘one bank’ model which links investment banking and wealth management has certainly helped cultivate an aggressive sales culture within the industry, but if things are to change it is up to those at the top to take charge

Financial centres are focused on the rivalry between competing hubs, but so much more can be achieved by working together

The world is changing, with a US presidential transition under way and encouraging results from vaccine trials showing a possible way out of the Covid crisis. But what will the new world order look like and how should private banks respond?