Jeff Holland on banking | Brown Brothers Harriman | Video

World Finance interviews Jeff Holland, Partner at Brown Brothers Harriman, on the perfect storm of cost and regulatory pressures causing multi-convergence

November 9, 2012
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Transcript

Considerable regulatory and cost pressures have forced private banks to adopt new business models and distinguish clearly between their client segments. Brown Brothers Harriman has identified one emerging trend caused by this perfect storm: ‘multi-convergence’, where universal banks, private banks and asset managers are consolidating their businesses. Jeff Holland explains the changing landscape.