Citi global chief speaks

One of the world?s most celebrated private banking chiefs, Peter Scaturro was in Hong Kong yesterday.

The former Bankers Trust man who now heads Citigroup Private Bank spoke about growth opportunities in Asia. Also answering questions were Deepak Sharma, Citis division executive, Asia Pacific and Kaven Leung, region head, Greater China.

Q How do you see market conditions globally

Scaturro In the year 2000 we finished off what many consider a great bull market. During that time, lots of people looked very smart. What were seeing right now with more volatility in the market, are more interesting, complex markets developing. There is a flight to quality. Large families are looking for a private bank that has the staying power to deal with volatility and to guarantee them that...

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