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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

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Published Wed, Mar 4, 2015 · 09:50 PM

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    Growth moderating

    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.

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