The private banking and wealth management industry in Asia has a significant number of women in senior leadership positions, from UBS’s Amy Lo and Jin Yee Young, J.P. Morgan Private Banking’s Harshika Patel, to Citi’s San-San Chan and DBS’s Carol Wu, to name but a few. Here, Asian Private Banker has gathered the views of ten leading women, who shared their […]

The post IWD 2024: What new PB female leaders can learn from Amy Lo and Harshika Patel appeared first on Asian Private Banker.

While the hiring landscape in private banking calmed slightly in February, this lull was then offset by reshuffling within the industry, particularly at HSBC and Citi. Citi’s new structure  As Citi’s CEO Jane Fraser tries to control costs and profitability, a number of HNW-focused personnel depart across its key Hong Kong and Singapore hub under the codename “Project Bora Bora.” […]

The post Movers & Shakers – February 2024: HSBC, Citi restructure as talent war cools appeared first on Asian Private Banker.

The Pacific island of Bora Bora is one of the world’s most idyllic holiday destinations. But for employees of Citi Private Bank, those are the last two words they want to hear as the lender embarks on a significant restructuring. As part of the Wall Street bank’s latest effort to tame costs and stabilise profitability under CEO Jane Fraser, a […]

The post ‘Project Bora Bora’: Inside Citi PB’s plan to restructure Asia HNW business appeared first on Asian Private Banker.

Asian Private Banker is proud to present its inaugural Women in Wealth Management report. In this report, we sought to identify, analyse and celebrate companies that are paving the way when it comes to supporting the valuable and unique role that women play in the regional industry. For the first time, industry practitioners have access to granular details on the […]

The post Women in Wealth Management: Three key takeaways appeared first on Asian Private Banker.

With rising wealth in Asia, private banks are presented with a strategic choice: focus on providing bespoke services to fewer ultra-high-net worth (UHNW) clients, or attempt to capture the mass affluent and early-stage HNW clients as their wealth increases. Asian Private Banker spoke to three banks – Citi Private Bank, Morgan Stanley and BNP Paribas – as they elucidated their […]

The post Private banks on mass affluent rush: Citi, Morgan Stanley, BNP Paribas have their say appeared first on Asian Private Banker.

Citi on Tuesday announced a slew of senior appointments in Singapore, including a new Private Banking High Net Worth (HNW) head for Asia Pacific. Following her promotion to new PB HNW head for APAC, effective this month, Chan San-San will continue to be based in Singapore. She will be joining the global private bank leadership team and the Citi Global […]

The post Citi names new PB HNW head for APAC appeared first on Asian Private Banker.

Citi has appointed the acting retail banking head for Citi Singapore in its newly created role of business head of Asia Pacific and EMEA Citigold Private Client (CPC). Chan San-San will start her new role on 1 October and will remain based in Singapore. She will report to Fabio Fontainha, Citi’s head of retail banking for APAC and EMEA. Chan […]

The post Citi appointment to drive segment that grows fastest in Asia, eyes 10% growth in WM clients and assets by year-end appeared first on Asian Private Banker.