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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With an estimated US$83.5 trillion in assets to be passed down to the next generation over the next 20 to 25 years, private banks recognise the urgency of capturing the next-gen opportunity, private banking CEOs said at Asian Private Banker’s Hong Kong Summit. However, understanding the wants and needs of next-gen clients, as well as how to cater to them, […]

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From expensive lunches in Michelin-starred restaurants, to afternoons on the golf course with high-profile clients, a career in private banking in Asia is undoubtedly one of the most exciting opportunities offered by the finance industry. However, in an evolving and complex industry landscape with high client expectations and a broad array of skills to master, from interpersonal client skills to […]

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Swiss pure-play Julius Baer has made several senior hires in Hong Kong, according to an internal memo seen by Asian Private Banker. Julie So has recently joined the bank as managing director, senior relationship manager for Greater China Hong Kong. She reports to Salina Cheung, group head of Greater China Hong Kong. So has close to two decades of experience in […]

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While Hong Kong and Singapore are often viewed as competing wealth management hubs, the two have found a new venue for collaboration when it comes to the former’s Private Wealth Management Association (PWMA). The industry group has unveiled a new executive committee (Exco), with Bank of Singapore’s top executive in the city taking the seat previously occupied by Credit Suisse. […]

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Julius Baer has made new appointments to beef up its Greater China market coverage in Hong Kong, according to an internal memo seen by Asian Private Banker. Andrew Lam joined the Swiss pure-play in late November as team head Greater China. Lam reports to Salina Cheung, group head Greater China. Lam has over two decades of experience in the Greater China […]

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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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Julius Baer has made a series of fresh internal promotions in its leadership team to strengthen the firm’s practice in Asia and emerging markets, Asian Private Banker has learnt. According to an internal memo seen by APB, the Swiss pure-play has appointed three new market heads based in Singapore, effective 1 January 2024. Yee Kim Tan, currently Singapore branch manager, […]

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Hong Kong’s swanky Central district has for many years been the city’s main hub for financial services – and a magnet for private banks, their clients and their staff. However, things are beginning to change. Swiss pure-play Julius Baer has just unveiled a sparkling new office space in Quarry Bay, an older mainly residential district on the eastern side of […]

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Julius Baer has appointed a group head for Greater China, Asian Private Banker has learned. Based in Hong Kong, Salina Cheung has taken on the new role today. She will report to David Shick, head of private banking Greater China and branch manager Hong Kong. In her new role, she will focus on leading and expanding the team to further […]

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Julius Baer has bulked up its Greater China Singapore team with three hires from Credit Suisse, Asian Private Banker has learned. Bringing over 20 years of wealth management experience, Shirley Law has joined the Swiss pure play as group head for Greater China Singapore. Law was most recently market leader Singapore at Credit Suisse. Prior to that, she was a senior banker […]

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Julius Baer announced on Wednesday that it has taken its first step into onshore China by acquiring a stake in GROW Investment Group, a domestic asset management company. The Swiss private banking group, which manages US$159 billion in Asia, has made a low double-digit million US dollar equity investment into GROW. “The cooperation between GROW and Julius Baer will undoubtedly […]

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On 29 June, Asian Private Banker hosted a gala dinner in Hong Kong to celebrate the winners of the 2021 Awards for Distinction. The event, which was attended by about 120 senior professionals from the region’s biggest private banks and family offices, not only welcomed the victors from APB’s most recent awards programme but, more importantly, brought together the wider […]

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Julius Baer on Monday announced it has appointed a new Greater China team head. Based in Singapore, Loh Wai Meng will focus on serving Greater China clients in Singapore and across the region. He will report to Vincent Ming, deputy group head Greater China. Loh has almost two decades of experience working in the financial industry. For about the last […]

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Julius Baer on Tuesday announced the appointment of a new group head for Greater China Effective immediately, Christine Soong will help build Julius Baer’s position in Greater China and drive growth in this market. She will remain based in Hong Kong and will report directly to David Shick, head private banking Greater China and branch manager Hong Kong. Soong has […]

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More family offices in Hong Kong are set to expand their allocations to ESG investments in 2022, an industry survey has found, with many having dipped their toes into these assets last year. The survey conducted by the Family Office Association Hong Kong (FOAHK) published on Tuesday showed that 85% of FO respondents are set to increase their allocations to […]

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Singapore’s emergence as a centre for the Greater China private banking market is gathering pace on the back of favourable regulations and its proximity to fast growing Southeast Asian countries, sparking a talent war for experienced relationship managers. The Lion City, senior private bankers say, is benefiting from government efforts to lure more family offices and more Chinese businesses using […]

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The heads of the leading private banks in Asia believe that onshore markets can provide the next major opportunities for their businesses, but they differ on how best to navigate the region’s domestic wealth landscape. “Today, a lot of people are talking about wealth from an offshore perspective, but we believe wealth is fundamentally domestic,” François Monnet told attendees at […]

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Julius Baer on Monday announced the appointment of an industry veteran as its new Singapore-based deputy group head Greater China. Vincent Ming reports to Chew Mun Yew, group head Greater China Singapore. In his new role, Ming will be responsible for growing and strengthening the bank’s franchise in the Greater China market. Ming has 15 years’ experience in private banking […]

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Julius Baer’s head of private banking for Greater China, David Shick, has given a positive assessment of the pure play’s business in Hong Kong, which he said had shown its resilience by achieving robust growth this year, even as global macro uncertainties and social unrest weighed on investor sentiment. While unable to provide specifics, Shick told Asian Private Banker that […]

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Julius Baer has nabbed a market head from Standard Chartered Private Bank to lead its Greater China team, the pure play announced today. Raymond Li has joined Julius Baer as Greater China group head. Based in Hong Kong, Li is tasked with growing and strengthening the lender’s Greater China business. He will report to David Shick, head private banking, Greater […]

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Julius Baer has added to its regional bench with the appointment of a new group head based in Hong Kong. Vicki Lee has joined the Swiss pure play as a Greater China group head, reporting to David Shick, head private banking, Greater China. Prior to joining Julius Baer, Lee was a country team head for the China market at UBS […]

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Julius Baer has named a former UBS private banker as its new market head for Taiwan. Chew Mun-Yew has joined the pure play as market head Taiwan as well as a group head Greater China, based in Singapore. A 20-year financial services veteran, Chew was previously with UBS Wealth Management where he was Taiwan country head. He has also served […]

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Julius Baer’s chief executive North Asia and deputy head Asia Pacific has retired with immediate effect, with the Swiss bank wasting no time in naming his successor. Kaven Leung, who first joined Julius Baer in 2012 and played an integral part in the integration of the Merrill Lynch International Wealth Management business in Hong Kong, has stepped down. His replacement is David Shick, a […]

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A China market leader at Credit Suisse has left the bank after joining more than seven years ago. David Shick exits the bank, most recently as a market leader for China. In a personal email memo that he sent to colleagues today, a copy of which was obtained by Asian Private Banker, he says that today is his last day […]

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