Leading private-banking experts discuss the drivers of venture philanthropy in Asia and the opportunities for banks to intermediate such flows.

Bankers suffer a blow as revenue opportunities for serving Hong Kong’s record number of millionaires are few and far between, principally thanks to the concentration of wealth in illiquid, fixed assets such as real estate.

The much-vaunted acquisition by Singapore’s DBS of the Asia private banking arm of Société Générale has come to fruition with a $220 million deal – and received a mixed reception.

Five CIOs discuss asset allocation changes in light of the tension in the border countries.

Africa’s economic growth over the past decade has propelled the number of high-net-worth individuals on the continent to new highs, creating a new and powerful class of super-wealthy Africans who are taking on oligarch status.

UBS rewrites rules on how to charge Swiss clients fees; cross-border banking woes to hit smaller banks.

Wealth preservation a growing focus; succession issues come to the fore.

A new analytics system for private banks – allowing clients to track peers’ investments – is being launched in Asia this week, responding to calls for greater peer advice and recommendations.

‘Plenty of work for wealth advisers’ in Asia, says HSBC in a report this week, citing how the region ex-Japan’s wealth will eclipse the US by the end of 2015.

The Swiss bank stands apart from its peers. It helped its clients profit, both in the serene waters of 2019 and in the wake left by Covid-19 as it spread across the world in 2020

“I think this crisis has shown why being with a firm focused on wealth management as a primary business and having a global perspective matters to clients,” says Tom Naratil, co-chief executive of UBS global wealth management (GWM) and president of UBS Americas.

Our review period was a difficult one for private banking operations in the region, as it was worldwide: the fourth quarter wiped out huge chunks of revenues and assets for some international and local players, and it was a year that required sound individual advice for clients.

For the second year running Credit Suisse is Latin America’s best bank for wealth management, this year bolstered by the completion of a three-year turnaround across the whole bank.

Household net financial wealth in CEE has roughly doubled since 2006 and private banking and wealth management services are increasingly in demand across the region.

With a new strategy of regionalization, integration and innovation, Credit Suisse’s wealth management business has set itself apart from its peers and brought the ethos of Swiss personalized service to an international platform.