Private Bank
topic on 3 shows · 6 statements across 6 episodes
the Neon Show 
Capital Allocators 
20VC
6 statements about Private Bank, every show
Private banks must offer proprietary deals as private market access commoditizes
“Those types of things I think are what private banks are trying to do to differentiate themselves because now the wealth management space is getting increasingly competitive and crowded when it comes to accessing private markets.”
Gave: Structured Products in Private Banks Create Catastrophic Hidden Downside Leverage
“My fear is that over the past 10 years, private banks all around the world, private banks in Europe, in Asia, in America, Have made a lot of money selling structured products to private clients that essentially the clients where it's selling vault. They sold p…”
Sanghi: Top Indian private banks employ 300 to 400 data and ML engineers
“So some of the leading banks of India, private banks have got three, 400 data science and machine learning engineers.”
Storonsky: Revolut is ready to build a private bank for wealthy clients
“I think it was too early. Now we have a lot of customers, and then a lot of customers actually have a lot of balances with us. Some of them have, you know, millions on our accounts. So I think it's time to build the product making for people with a lot of liqu…”
Miranda: Private bank investment managers produce no alpha
“When we went through the manager's performance, we realized that most of the managers had no alpha, so why would we ever hire a private bank?”