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Former FSC boss John Brogden changes tune on bank owned wealth managers

2016-04-03 12:04:15| Automakers - Topix.net

One time lobbyist for the retail wealth management industry, John Brogden, now reckons the big four banks should scrap their "vertically integrated" business models, citing conflicts of interest and flawed pay policies. "If I was on the board of one of the big four banks at the moment I would be telling the executives to look at selling their wealth management arm."

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