The face of wealth management in India is changing, as vast fortunes are made by young digital disruptors and as private banks venture out of the main commercial hubs in search of untapped profit and potential in second-tier cities.

A lower-profile announcement caught Euromoney’s eye after the bluster of the G20 meetings in Buenos Aires.

Asia offers a unique client set of young entrepreneurs; it also offers the challenge of new generations inheriting wealth with different expectations from their predecessors. That is a great opportunity, but it requires private banks to be nimble, thoughtful and technologically adept.

Meeting the needs of high net-worth families is more challenging and fascinating than ever. Private banks are investing in new forms of digital communication, catering to clients’ philanthropic demands, boosting fee transparency and finding ways to attract and retain the best young talent.

Francesco de Ferrari was running private banking for Asia at Credit Suisse – arguably one of the most important and well-positioned roles in the bank – so why has he given it up to become CEO of beleaguered Australian wealth manager AMP, a place so toxic it lost its chief executive and chairperson within a fortnight in April?

Euromoney research shows disparity among regions in capturing the female wallet; hiring seems to be the quick solution.

Family offices looking for yield need to be extra vigilant as the cycle turns.

…and how wealth management can have a brighter future.

The spectre of collusion may not hang over the US wealth industry for much longer.

Few banks have navigated turbulent times so well, posting record revenues on the back of strong net inflows and rising markets.

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.

In the US, JPMorgan has 55 dedicated private banking offices, from Austin to Seattle, and Cincinnati to Fort Lauderdale. Elsewhere, it focuses heavily on serving high and ultra-high net-worth customers in Europe, where it has eight offices, including the UK and Germany, Asia, through Hong Kong and Singapore, and Latin America, with clients served out of Miami, New York and Switzerland.

JPMorgan Private Bank wins this year’s top award, as well as being named the world’s best private bank for ultra-high-net-worth individuals 2023, and the world’s best private bank for investment research 2023.

The global wealth expert has expanded its vision, horizon and profits this year

The great financial innovator shone again in global wealth management.