Asian private banking

Franklin Templeton appoints former BOS managing director to new Apac private markets wealth role

Albert Chiu, EFG's executive chairman (Apac), says that the Swiss private bank's Asia-Pacific clients have been surprisingly resilient and adaptable.

Apac to lead Swiss private bank EFG’s growth; region contributes 25% of AUM

Intergenerational wealth transfer, estimated at US$5.8 trillion between 2023 and 2030, has been more gradual than expected and is proving to be more of an evolution than a revolution.
WHO’S WHO IN PRIVATE BANKING

Does new wealth need a new private banking model?

Barclays says Asia "remains a central priority" for its global private banking business.

Barclays’ Singapore private bank business unaffected by Asia head’s exit

The total assets under management in private markets by individuals, each with a net worth of US$10 million, could hit US$1.39 trillion in Asia by 2028, going by an estimate by BT.

Shifting appetite among Asia’s rich could lift investments in alternative assets

Morgan Stanley has been beefing up its wealth operations in Asia Pacific for years.

Morgan Stanley taps HSBC, UBS for private wealth hires in HK

As many as 60 roles were culled in Singapore and Hong Kong at Deutsche Bank over the past year.

Deutsche Bank has cut dozens in Asia private banking overhaul

Head of Citi Global Wealth Andy Sieg will report directly to the group's chief executive, signalling the priority Citigroup has put on wealth management.

Citi’s new global wealth head sees Asia as ‘top priority’

Harshika Patel (left) will be JP Morgan Private Bank's Asia chief executive, while Kam Shing Kwang takes on the role as chairperson of North Asia.

JP Morgan Private Bank appoints new chief executive for Asia

Vinay Gandh (left) and Foo Tian Ong. Gandhi has led robust growth in Singapore’s private-banking business, while Foo has over two decades of private-banking experience.

StanChart appoints two new private banking heads