We don't have gooddatafor NPLsinshadowloans, partlybecause there are many different lender includingTrusts, Banksthrough wealth managementproducts, pawnshopsetc.
First Republic Bank and its subsidiaries provide private banking, private business banking and private wealthmanagement, including investment, trust and brokerage services.
Banks offering wealth-management services could face risks to their reputation including from misselling of products, conflict of interest and fraud, the RBI said.
One of the most powerful women in the business world, Cruz oversaw Morgan Stanley's institutional securities businesses, including investment banking and sales and trading, as well as the firm's global wealthmanagement business.