ASIA's ultra wealthy may sit on tens or hundreds of millions of dollars in investible assets, but financing remains a key demand. Credit Suisse is finding that clients who are high net worth individuals (HNWIs) in Asia Pacific account for a disproportionate share of its emerging market private wealth management lending activity. That, however, is a measure of its success in the region, says Hans-Ulrich Meister, the bank's head of private banking and wealth management, and also a member of the executive board.
"When I see lending success in the first quarter, it's proof that we (have) shifted especially to the Asia Pacific, where there is a big need among the client base to have lending."
In Q1...
Keyword added to your list