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On March 23rd, more than 200 professionals from the banking industry gathered at the ECCL for the 7th edition of PrivateBanker. This year's topic focused on the future of private banking with discussions around the disruptive effects of technology on wealth management, customer experience, the need for new business models, and new regulations leading to more transparency.
Serge Krancenblum, President of LAFO (Luxembourg Association of Family Offices) and CEO of SGG, opened the day by stating that "the future is now", and then listed what are, according to him, the main challenges for the private banking industry, the first one being the necessity to deal with its legacy after the crisis it went through. Other challenges are the necessity to adapt to new regulations,...
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