Private banking relationship managers (RMs) in Asia are overseeing larger books than at any point on record, reflecting a structural shift in how wealth management businesses are being run. In 2025, average assets under management (AUM) per RM reached a record US$473 million, with books growing by an average of US$62 million, or 15% – the fastest rate in five […]

The post Average private banking book size grew by US$62m in 2025 appeared first on Asian Private Banker.

A senior private banking executive will depart Bank of China (Hong Kong), Asian Private Banker has learnt. Judy Chan, private banking market head for China, Hong Kong, and Southeast Asia, is leaving the lender, sources told APB. Bank of China (HK) has been contacted for comment. APB has been unable to determine Chan’s next career move. Chan joined the Chinese […]

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Asia’s private banking AUM has crossed the US$4 trillion mark, according to Asian Private Banker‘s 2025 League Tables. With J.P. Morgan Private Bank entering the top three for the first time and Nomura International Wealth Management (IWM) making its debut in the tables, the 2025 rankings saw widespread movements. J.P. Morgan Private Bank led this growth with a 41% increase […]

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Despite the shadows of a potential AI bubble and persistent valuation jitters, Asia’s chief investment offices are entering 1Q26 with a resolute pro-risk tilt in equities, according to Asian Private Banker‘s review of major house views. While most banks are clinging to US earnings growth as a principal driver, a deepening rift has emerged over the role of fixed income […]

The post CIO views 1Q26 visualised: Private banks double down on US equities amid AI fatigue appeared first on Asian Private Banker.

From 2020 to 2024, Asia’s private banks expanded their total Asia ex-China onshore AUM by 32%, increasing from US$2,346 billion to US$3,093.5 billion over the five years. The fastest growth in industry AUM occurred in 2023, when AUM across private banks grew 24.6%, following a year when AUM contracted by 6.2% in 2022. Out of the 23 private banks included […]

The post Which private banks are leading AUM growth in Asia? We reveal appeared first on Asian Private Banker.

For 2H25 and 3Q25, most private banks are neutral on global and US equities with a preference for Asia ex-Japan and China. Most are also neutral on fixed income, with investment grade being the most preferred fixed income asset class. Short-term bonds and cash are the least preferred. A positive sentiment is seen for alternatives, with the majority of banks […]

The post Asset allocation 2H25: Private bank CIOs bet on Asia, China, and alts appeared first on Asian Private Banker.

2023 was a year that saw an intense war for talent among private banks in Asia Pacific. The merger of UBS and Credit Suisse formed the region’s largest private bank, allowing the banking behemoth’s competitors to woo ex-Credit Suisse bankers left adrift amid the fallout. Now the dust has settled – and taking a close look at the hard data – […]

The post Asia 2023 RM Headcount League Table: PB headcount edges higher amid industry shakeup appeared first on Asian Private Banker.

Private banks in Asia-Pacific saw their AUM jump by a total of about US$400 billion in 2023, reversing outflows from the previous year, as competition for the top spots in Asian Private Banker‘s Asia 2023 AUM League Table intensified. However, while some institutions achieved double-digit growth, others grappled with outflows. By the end of December 2023, the Asian private banking […]

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Interest rates, China and sustainability are among the topics that will be top of mind for private bankers in the region next year, according to leading CEOs who took part in Asian Private Banker’s Final Word 2023. The year in review project, which collects the insights and views of private banking and wealth management leaders, covers trends ranging from investments, […]

The post Final Word 2023: What is keeping private bank CEOs up at night? appeared first on Asian Private Banker.

For Bank of China (Hong Kong) (BOCHK) Private Banking, 2022 proved to be a stand-out year for its alternatives offerings. The lender closed several deals, including a private debt strategy for U/HNW clients. Despite that success, it plans to adopt a prudent approach when it comes to new solutions in 2023. That is according to Joey Tang, managing director, head […]

The post Alts Agenda – Why BOC(HK) is focusing on quality not quantity appeared first on Asian Private Banker.

Bank of China (Hong Kong) has appointed a new market head for North Asia, Asian Private Banker can reveal. Judy Chan joined the bank’s Hong Kong division in May as market head for Hong Kong, China, and International markets. In her new role, she is responsible for new business development, customer relationship management, private wealth, and family wealth management. She […]

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Bank of China (Hong Kong) expects the total number of HNW customers for its wealth management service to grow by more than 50% in the next three years, despite the COVID-19 related travel restrictions on visitors from mainland China. The second-oldest bank in mainland China launched its Private Wealth service in Hong Kong in December 2020 to cater to customers […]

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Bank of East Asia (BEA) has replaced its head of private banking with a hire from Bank of China (Hong Kong) (BOCHK), Asian Private Banker has learned. Wendy Tsang, who was most recently the general manager of private banking at BOCHK, has been appointed as general manager and head of wealth management division. Meanwhile, Jessica Ng, the head of private […]

The post BEA nabs PB head from BOCHK appeared first on Asian Private Banker.

A recovery fund solution tailor-made for UHNW clients at the Bank of China (Hong Kong) Private Bank has garnered unprecedented interest from both investors and RMs and has boosted the AUM on the investment platform — marking a major milestone for the bank’s product platform revamp, which began just over a year ago. A response to the COVID-19 market drawdown […]

The post BOCHK’s first-ever recovery fund shores up AUM on the PB investment platform appeared first on Asian Private Banker.