We're seeing fewer and fewer family-owned banks. Is that a trend, which is set to continue
The issue with families is pretty broad and it really gets family-specific. As the environment changes and becomes more competitive, the problem with family ownership is coming up with capital in order to take advantage of consolidation without getting diluted. A lot of these families have been associated with these banks for generations, and when you go in on the MA side, you can't discount the institutional knowledge that family has of the bank.In Hong Kong, do you see more consolidation among the family owners of banks
There is a definite trend towards more consolidation. Some...
