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Transaction-based fees hurt private banking clients

Credit Suisse's Asia Pacific head of private banking Francesco de Ferrari has criticised the industry's commonplace transaction-based fee structures for not being in clients' best interests.

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Read more: Credit SuisseAsia Pacific headAustraliaFrancesco de FerrariFamily OfficeAsia Pacific regionDe FerrariFinancial AdviceFinancial StandardFutureTrustUS