Peter Charrington, the global boss of Citi Private Bank, rarely makes public utterances. When this Brit does speak, why, we hang on every word as if was a landmark encyclical issued by the pontiff of private banking.
His latest remarks are indeed most instructive for all us mere mortals.
Peter’s latest Old Testament pronouncements pleasingly deal with the issue of experience among private banking advisers.
“The next generation (of advisers) still need to find their concentration, focus and consistency,” he warns. “Old masters are still at the top of their game and have much to teach upcoming pupils.”...
