The decline of the family bank

Michael Tan, the head of FIG at CSFB talks about this and other issues.

Finance Asia Do you think we are seeing a trend away from family-owned banks in Asia

Michael Tan There's a broad movement away from that type of structure, particularly as the next generation gets a little older. The desire by that generation to own and operate a bank has diminished. There's a generational shift. That's a net positive, in terms of the way banks are managed around the region. Having said that, when you look at the performance of...

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