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BNP Paribas WM India tops AUM per RM table for 2016

File picture shows a man silhouetted as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris April 23, 2015. REUTERS/Gonzalo Fuentes/Files

Despite the overarching dominance of domestic players in India’s wealth management sector, foreign private banks hold the top five spots on Asian Private Banker’s AUM per RM League Table in India, with BNP Paribas Wealth Management leading the pack. The French lender’s AUM per RM in 2016 was US$429.4 million, followed by Citi Private Bank with US$280 million and Julius…

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