Private Banks Must Grasp Opportunities - McKinsey Report

Private banking is one of the most attractive businesses in the banking industry, with average pre-tax margins of over 35 per cent and a recent growth rate twice that of retail banking, according to McKinsey’s....

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By: Stephen Harris
November 27, 2006
Private banking is one of the most attractive businesses in the banking industry, with average pre-tax margins of over 35 per cent and a recent growth rate twice that of retail banking, according to McKinsey’s....