BNP Paribas WM’s Thai onshore AUM jumps 60% as clients pivot to global assets

Daniel Peter, BNP Paribas Wealth Management

BNP Paribas Wealth Management (BNP Paribas WM)’s bet on a boots-on-the-ground onshore team in Thailand appears to be paying off, with surges in account openings, AUM and revenue. While international private banks are still operating from a small base in Thailand, Bangkok-based Daniel Peter, who heads up the bank’s onshore Thailand business, argues that onshore clients’ pivot to global assets…

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