Abstract

The study employs a multiple criteria decision making (MCDM) approach to evaluate the performance of wealth management (WM) banking. We first apply the balanced scorecard methodology to build a framework for WM banking and then provide a framework for the sub-criteria by applying the Delphi method. The empirical results reveal that the performance of WM banks in Taiwan is evaluated by applying the analytic network process (ANP) and grey relational analysis (GRA). Importantly, the proposed model can assist the banking sector in assessing the performance of WM banks, making it highly applicable for bank managers engaged in decision-making as well as financial sector analysts. Key words: Wealth management, balanced scorecard, analytic network process (ANP), grey relational analysis (GRA).

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.