Downturn created "crisis of trust" among ultra wealthy

A Societe Generale Private Banking survey finds that ultra-HNWI have increased their due diligence following the financial crisis and are putting more emphasis on trust and transparency than on high returns.

Vincent Magnenat

Jonathan Wong

September 16, 2010

Vincent Magnenat, deputy to the CEO of marketing in Singapore and South Asia at Societe Generale Private Banking, talks to FinanceAsia about the results of a qualitative survey entitled “Seven key trends for investing, giving and spending among the very rich”, which was sponsored by his firm.

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