The Fee-based Summer 2021 Semi-annual Report

Private Banking is more a spread-based business than a fee-based business. That said, it is becoming ever more integrated into the Private Wealth business of the major banks. The lead research article in The Fee-based Report discusses the growing contribution made by private banking to both the balance sheet and the bottom line of the Canadian banks and suggests that there is opportunity for further growth. The article also takes a look at a number global leaders in this 400-year old industry and identifies areas of growth and product initiatives that may be unfamiliar to the strategists at the Canadian banks.