Banks are wooing wealthy Millennials at exclusive summer retreats. At UBS’s recent gathering, participants (who ranged in age from 21 to 34) participated in workshops and activities on “impact philanthropy,” entrepreneurship, and other lessons for the ultra-rich. Citi Private Bank, Credit Suisse, and more have hosted these multi-day immersions, all in pursuit of “the next generation of the ultra wealthy.” (Bloomberg, Business Insider)
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