BPI Private Wealth wins the award for the Philippines’ best for the next generation based on its investment and commitment in educating of this key client segment.

CICC wins this award for the strength and range of wealth management products and services it provides across the wealth segments.

In a year that has seen Asia's financial institutions face mounting pressures from geopolitical headwinds, DBS retains its mantle as Asia’s best private bank 2024. This award comes in tandem with two other regional honours: best for family office services and best for high net-worth (HNW) individuals. Its managing director and group head is Joseph Poon.

Metrobank wins the award for the Philippines’ best for ultra-high net-worth clients based on the impressive quality of the services it provides to this key client segment.

United Overseas Bank (UOB), a stalwart in Singapore's banking sector since 1935, now boasts a robust network of 500 branches and offices across 19 countries. UOB is not only a bank with a long history but is also dedicated to spearheading innovative initiatives for the next generation through dynamic and multifaceted programmes.

Julius Baer’s commitment to Asia has certainly paid off. Bolstered by a team of 1,600 professionals, including over 430 relationship managers, the bank has achieved a doubling of its assets under management in the region since 2016, establishing itself as the largest pure-play private bank in the region.

FortePremier wins this award in recognition of the quality and range of its private banking and lifestyle services in Kazakhstan.

With Singapore's ascent to a prominent hub for family offices in Asia, DBS has made quick work of establishing itself as a leading player in the region.

This year, DBS has been named Asia’s best private bank for high-net-worth individuals, a testament to its innovative approach in this competitive wealth-management sector.

Bank of East Asia wins the award for the range of environmental, social and governance-related investment products it offers clients.

For the quality and breadth of service it provides to family clients, BPI Private Wealth wins the award for the Philippines’ best for family office services.

360 One Wealth wins this award for the all-round strength of its private banking and wealth management offering in India.

Few things matter more to investors than clarity and foresight. JPMorgan Private Bank's investment strategy team has established itself as an essential navigator, steering clients away from market pitfalls and towards opportunity.

Ambit Global Private Client wins this award for its impressive performance in discretionary fund management.

Julius Baer has a distinct position in Asia. As the region’s largest pure-play private bank, it is unwavering in its commitment to personalized service.

Traditionally, the route to acquiring new clients was achieved via the expansion of an adviser’s personal network. This was cultivated by doing the rounds, attending events and conferences, and through referrals. Business was steadily attained, then systematically, over years and even generations, retained.

India is a key market for Julius Baer. Onshore, it is the largest foreign private bank, with a history stretching back more than 30 years, catering to high and ultra-high net-worth customers.

JPMorgan Private Bank clients enjoy the best of both worlds: an intimate relationship with a US lender that is allied to the power of a genuinely global financial leader. It is led by Mary Callahan Erdoes.

JPMorgan Private Bank says that it has “always been intentional about engaging future generations”. People are transitory and money can be too, but it doesn’t have to be. Any family knows wealth can be lost as easily as it can be won, and consistently falling on the right side of that equation means engaging the next generation, and the one after that.

Amid the constant hum of activity in the private-banking world, it can be easy to forget the importance of discretionary portfolio management.

“Philanthropy is in our DNA.” So says JPMorgan Private Bank, which for more than 160 years has served as a philanthropy adviser and investment manager to many of the world’s leading charitable institutions and philanthropists.

Competition in the high net-worth category is fierce: every private bank targets HNW customers, with the aim of making as many as possible of them long-term customers.

In 2023, Singapore attracted S$12.7 billion ($9.43 billion) in fixed asset investments, amid a challenging global environment, according to data from the country’s economic development board. The previous year it was even higher, at S$22.5 billion.

Reports that the long-rumoured deal has been agreed suggest growing optimism among Argentine bankers about the new administration.

Encumbered by an impotent fiscal policy and a sluggish stock market, bank lending could be China’s only route to economic recovery.

The Basel committee is shocked – shocked! – that some banks might be reporting inflated leverage ratios.

The Fed chair has made a remarkable, virtually unconditional surrender to opponents of his plan for Basel III implementation in the US. The tactical withdrawal is embarrassing, but it makes strategic sense.

With some big deals launching this week, Europe’s IPO pipeline is flowing at last. If they do well, they should put to bed the notion that ‘private IPOs’ are what is needed to provide exit routes for sponsors. A handful of recent deals shows that the biggest driver of success is doing the simple things well.

The UK Chancellor has big plans for the tech sector.

Thinner margins across the banking industry hit smaller banks harder. But investor pressures are also less of an issue for mutually owned lenders.