1. Global strategies
  2. Spreading assets

Spreading assets

Implementation

Unlike Europeans, who normally rely on only one private banker to manage their finances, Asians tend to spread their assets among competing firms. This allows rich clients to play one bank off another and also helps prevent others from knowing the full extent of their wealth.

Broader

Spreading
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Metadata

Database
Global strategies
Type
(D) Detailed strategies
Subject
  • Commerce » Finance
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    J5863
    DOCID
    12058630
    D7NID
    224417
    Last update
    Dec 3, 2024