And what this acquisition says about the state of robo-advisors and the meaning of luxury in business.
Banks are creating barriers for fintechs to access data, but they impede open banking at their own risk, fintechs are getting their data anyway.
The private bank’s new deal with Apple Chat is just part of Asia MD Francois Monnet’s plan to win rich clients digitally.
For Credit Suisse, this gives its RMs the chance to advise rich clients on their total net worth, not just what they bank with C.S.