Private Banking Assets Are Set to Jump by a Record 30 Percent, PWC Says

(Bloomberg) -- Private banking assets are set to
grow on average by a record 30 percent annually over the next
three years, led by gains in Asia and eastern Europe, according
to a report by accounting firm PricewaterhouseCoopers LLP.

Wealth-management assets in Asia are forecast to grow on
average by about 34 percent annually, and by 30 percent to 50
percent a year in Russia, the New York-based company said today
in a statement. The figures are based on company managers'
forecasts for their own businesses.


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