Asia’s wealthy have most bank relationships: study

Asia’s rich have the highest number of private banking relationships, meaning their main provider oversees a relatively lower share of the individual's wealth, finds new research. This is the exact opposite of findings for the Americas. A study* of more than 3,000 high-net-worth individuals globally – of whom nearly half were based in Asia Pacific – shows that the world’s wealthy have an average of three or four personal investment relationships per individual. The number stands…