Global private banking and wealth management survey 2009: Belgium results

PwC predicts a new era of nouveau classic banking for private banks and wealth managers.  Wealth managers must focus on technology, their processes and their people if they are to be successful in a world of increasing political, fiscal and regulatory pressures.

What did we see in terms of responses to this year’s survey and how was this different from what we have seen in prior years?

  • The emergence of ‘Nouveau Classic’ banking - Trusted advice at the heart of the business.
  • Changing business operating models - A drive for process efficiency and service improvement.
  • The impact of the increasing power of governments and regulators, including recent moves around tax transparency and impending regulatory change.