Winners Rationale

“Standard Chartered Private Bank has been recognised as the Best Private Bank – Greater China, reflecting its strong growth and outstanding client outcomes across the region, even amid challenging macroeconomic and geopolitical conditions,” said Audrey Raj, editor of Asian Private Banker.

“Over the past year, Standard Chartered’s Greater China business achieved unprecedented financial milestones, including strong revenue growth, a significant share of transaction-based income, and an all-time high net new money, alongside improved operational efficiency.

“Client assets in Greater China surged, with the majority coming from mega and family office clients, complemented by strong contributions from HNW and UHNW segments. New client acquisition remained robust, supported by referral networks and existing client relationships.

“Since 2023, the private bank has made several enhancements across its Asia Pacific business, including a refreshed wealth planning and family advisory proposition that shifted from revenue-based to relationship-based advisory, a refreshed lending solutions team, and the launch of the solution partners initiative to deliver comprehensive one-bank advice in collaboration with the corporate and institutional banking business.

“These efforts have strengthened the Greater China business. The bank has also expanded its external asset management coverage in Hong Kong with new team leads and relationship manager hires, while appointing regional leads to support private market investments across Greater China and North Asia. Standard Chartered has also attracted top bankers and investment specialists from leading institutions.

“These achievements show that all the enhancements and initiatives are bearing fruit, highlighting the team’s efforts in delivering exceptional client outcomes, driving sustainable growth, and innovating across services and operations, reinforcing Standard Chartered Private Bank’s growing presence in Greater China.”