Over 250 attendees from Asia’s private banking and wealth management sector gathered to honour the recipients of Asian Private Banker’s Awards for Distinction 2024 during an exquisite gala dinner held at The Henderson in Hong Kong’s Central district on Thursday evening. Below are some select photo highlights of the evening:

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Chinese clients are increasingly eyeing global investment opportunities for diversification and higher returns amid volatile domestic markets. While capital controls remain a barrier to the movement of Chinese capital, lack of knowledge, language skills and trusted partners are also major hurdles for Chinese clients eyeing overseas investments, industry experts said at the APB Summit 2024 in Hong Kong. “In terms […]

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A team of Citi Private Bank (Citi PB) offshore China bankers is set to join Swiss pure-play EFG, Asian Private Banker understands. Led by former Citi PB offshore China heavyweight banker Seamus Yin, the team moving to EFG will include Yin, two of his former team heads at Citi, and a few relationship managers, people familiar with the matter shared […]

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Ten months after Credit Suisse was forced into a shotgun marriage with historic rival UBS, many bankers from the former have now jumped ship. This raises the question – what next for these bankers, and more importantly, UBS? Here, Asian Private Banker takes an in-depth look into how ex-Credit Suisse bankers are forging new careers at rival institutions and asks what […]

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Swiss pure play EFG has announced another raft of hirings of senior RMs from Credit Suisse as it continues to bolster its team in Asia-Pacific. Following Jane Li and Christina Wong joining EFG last week as market head for Greater China and senior client partner last week, respectively, this week the bank has appointed five more senior client relationship officers […]

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EFG Bank has snapped up another three Credit Suisse veterans in Hong Kong, the bank said, as it targets further growth in Asia Pacific. The Swiss pure play has appointed Jane Li as the new market head for Greater China (ultra clients), and named Christina Wong as a senior managing director, senior client partner. It has also hired Ian Campbell […]

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Private banks are pivoting towards hiring mainland Chinese talent for their rich experience and deep connections with the Chinese corporate world. Top private bankers made welcoming overtures to mainland Chinese bankers, remarking “My phone is always open” and “We welcome them with open arms”, during the panel discussion What’s in a CV? at the 13th annual APB Summit 2023 in […]

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EFG has made a slew of new hirings for Hong Kong and Singapore, including a Greater China team from Credit Suisse, Asian Private Banker can reveal. Hong Kong In Hong Kong, Philip Cheung has joined the Swiss pure play as Greater China market group head, reporting to David Louie, Hong Kong CEO. Cheung came from Credit Suisse, where he was […]

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Swiss pure-play EFG has announced a new management structure in Asia Pacific as part of a strategy to drive growth in the regional market. With immediate effect, senior executives Oliver Balmelli, Timothy Lo, Jessica Ng and Yu Jin Tay have all been named as market group heads. Balmelli has taken the role as market group head for independent asset management […]

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EFG has appointed a new Hong Kong CEO from Credit Suisse, marking the latest senior departure in Asia from the Swiss universal bank. David Louie will join EFG in April 2023 and will be responsible for driving EFG’s growth momentum in the Hong Kong market. The appointment is currently pending regulatory approval and was announced as part of EFG’s full-year […]

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