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Solid and growing despite tougher times

Year 2016 was volatile but the region's private banks continued to grow, some even chalking up double digit gains.

Published Tue, Feb 21, 2017 · 09:50 PM
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WHETHER it was organic growth or via acquisitions or a combination of both, Asia-Pacific private banks continue to perform, with double digit gains in revenue and assets under management, even as economic activity slowed. Head honchos tell The Business Times how 2016 was, and their investment advice for this year.

They are Bahren Shaari, Bank of Singapore chief executive, Tan Su Shan, DBS Bank group head of consumer banking & wealth management, Ong Yeng Fang, UOB Private Bank head, Francesco de Ferrari, Credit Suisse head, private banking Asia-Pacific, chief executive, South-east Asia and frontier markets, August Hatecke, UBS head, WM, South-east Asia, Bassam Salem, Citi Private Bank Asia-Pacific chief executive, and Ricardo Sanchez- Moreno, BNP Paribas head of wealth management, South-east Asia.

BT: How was the 2016 business?

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