SUBSCRIBERS
Asia's trillion-dollar private bank industry grows at slower pace
AUM for the region's private banks up 11% in 2014 compared to 16% in 2013: report
Published Wed, Mar 4, 2015 · 09:50 PM
Singapore
ASIA's trillion-dollar private banking business continues to power ahead, though growth is slowing.
Assets under management (AUM) for all private banks rose 11 per cent year-on-year in 2014, following a 16 per cent year-on-year increase in 2013, said the Asian Private Banker on Wednesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
UBS weighs synthetic risk transfer amid capital boost proposals
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge