Following a period of stagnation fuelled by the pandemic and a cooling Chinese market, private banks in Asia are resuming active hiring as wealth creation in the world’s second-largest economy regains momentum. However, competition for talent is also intensifying, with professionals with Mainland China experience in particular demand. Alongside increasingly competitive pay packages, banks are broadening their hiring criteria and […]

The post “China has been red hot”: Private banks in “high stakes talent war” for Mainland talent appeared first on Asian Private Banker.

The US-Israeli joint military offensive on 28 February 2026 has significantly cooled the war for talent in the Middle East, as private banking candidates hesitate to make long-term commitments to the region. While banks remain committed to aggressive expansion targets, the record-breaking momentum of the first two months of 2026 is now meeting a new layer of candidate hesitation. January […]

The post Geopolitics stalls Middle East talent war as candidates think twice appeared first on Asian Private Banker.

The post Private Banking Hiring Report 2025 appeared first on Asian Private Banker.

In 2025, Asia witnessed a notable shift in private wealth talent. Senior professionals moved from global banks and asset managers into alternatives, private credit, and boutique platforms, chasing growth, autonomy, and new opportunities. Alternative firms, benefitting from strong investor demand and faster AUM growth, became key magnets for experienced hires. At the same time, smaller boutiques drew industry veterans with […]

The post Alts and boutiques lure top talent from global firms in 2025 appeared first on Asian Private Banker.

From record North Asia flows and the resumption of full-force hiring to digital assets and evergreen funds, Asian Private Banker looks back at the big stories that dominated headlines in 2025. 1. Hong Kong’s comeback: Record North Asia wealth flows Asia’s private banks experienced unprecedented growth in North Asia, with Hong Kong’s wealth industry bouncing back to near pre-pandemic levels, making the city […]

The post APB Wrapped: The top 10 Asia private banking trends in 2025 appeared first on Asian Private Banker.

Private banks across Asia Pacific have resumed hiring in full force. However, unlike the boom-and-bust cycles of previous expansions when many banks set out aggressive hiring targets, this time around, the keywords are “selectively” and “discreet”. One common sentiment headhunters in the region shared with Asian Private Banker is the distinct lack of team moves. Team moves typically involve a […]

The post Full force or fine-tuned? Asia’s private banks rethink hiring appeared first on Asian Private Banker.

From hiring sprees to restructurings, from alternatives momentum to intermediary disruption, to India, China and Trump, Asian Private Banker highlights the top trends that dominated the world of private banking in Asia in 2024. Hiring: Selective hiring sprees  While 2024 was characterised by organisational restructurings, leadership reshuffles, and heavyweight departures, private banks still saw room to grow in terms of relationship […]

The post That’s a wrap: The Asia private banking trends that dominated 2024 appeared first on Asian Private Banker.

Singapore expects to add 6,500 jobs in the financial sector this year, about half of these in technology and consumer banking. This is according to an update on the job opportunities in the financial sector, provided by Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) and based on MAS’ latest employment outlook survey. He was speaking at […]

The post Dearth of fintech talent in Singapore as financial sector employment outlook remains positive: MAS appeared first on Asian Private Banker.

Vincent Chui, Head of Asia Wealth Management of Morgan Stanley and Chief Executive of Morgan Stanley Bank Asia Limited, discusses what it takes to be an integrated platform, his strategic agenda for the China market, hiring plans and investment themes for the year.

The post APB Thought Leaders: Morgan Stanley’s Vincent Chui on PWM Asia’s strategy and hiring plans appeared first on Asian Private Banker.

As immigration departments are getting tougher in approving work visas and many private banks are “doing away” with expat packages, private bankers are thinking of returning to their home regions. Restructuring at a number of banks and a pandemic-induced urge to rethink life priorities have led expat private bankers — both Westerners working in Asia and foreign-educated Asians working in […]

The post As expat packages shrink, private bankers are going back home appeared first on Asian Private Banker.

The Hong Kong Monetary Authority is seeking feedback from various industry bodies, including the Private Wealth Management Association, on its proposed mandatory reference checking (MRC) scheme in an endeavour to stop the ‘rolling bad apple’ phenomenon. Last Friday, the Hong Kong bank regulator issued a consultation paper on the implementation of the MRC, which is meant to stop employees from […]

The post HKMA seeks PWMA feedback on mandatory reference checking scheme appeared first on Asian Private Banker.

Despite the uncertain economic environment and a large business impact left by COVID-19, a majority of finance professionals in North Asia remain confident about their job security for the next six months. According to a survey conducted by recruitment firm Selby Jennings, 60% of employees foresee a worsening economic situation in the next 12 months. Yet, 63% are still confident […]

The post Finance professionals confident on job security in the face of gloomy economic outlook appeared first on Asian Private Banker.