Venezuela raid or not, private bank CIOs see a clear path to 2026 growth

Nicolás Maduro. Credit: Shutterstock

Despite the dramatic capture of Venezuelan president Nicolás Maduro by US forces, Asia’s private banks are urging UHNW clients to stay the course, dismissing the event as a “localised” shock with minimal impact on global supply chains. In a major escalation on 3 January 2026, US forces launched a military raid in the capital city of Caracas, capturing Venezuelan President…

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