Highly Commended Private Bank – Pure Play
Union Bancaire Privée (UBP)
Highly Commended Private Bank – Pure Play
A word from the judges...
“Awarding UBP as Highly Commended Private Bank – Pure Play underscores its strategic growth across Asia,” said Kylie Wong, senior data reporter at Asian Private Banker. “In 2025, the bank saw robust net new money growth from the momentum in North Asian markets, on top of solid revenue growth across all key business lines and asset base growth.
“While focused on eight strategic markets, UBP captured momentum within Greater China in 2025. Success in the region led to significant net new money from key clients and allocations to mandates.
“Regarding its products, UBP also deepened its focus on alternative investments in 2025, leading to an increase in the portion of private market investments in client holdings. On its platform, the bank is also actively investing in technology, including its multi-year core banking system refresh in Asia and its selective deployment of AI to improve operational efficiency.
“The launch of UBP’s new service for non-bank financial institutions in May 2025 led to substantial funds raised from this segment, further boosting the bank’s client reach and development of new products, while its flagship strategies continue to attract new UHNW clients.
“These accomplishments demonstrate why UBP earned the award of Highly Commended Private Bank – Pure Play.”
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