News

Aussie banks eyeing up wealth management opportunities

Thursday 30th of July 2009

The big four are "flush with cash" and looking for ways to expand into wealth management, and these are the probably the first steps of many, according to Paul Markham of Independent Investment Brokers.

"It's something I think we'll continue to see - the banks are cash rich and fund managers are really struggling," Markham said. "It's a great opportunity for the banks to expand into the...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.