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.

Galloping into the Year of the Fire Horse, the race continues among private banks and asset managers to see who can distribute the most spectacular red packets to clients. More than just traditional gifts for family and friends, these laisee, or hongbao, have morphed into cult collectables, often trading on secondary markets for prices that rival the currency inside. Horses […]

The post Vote now: Who has the best red packets in Year of the Horse? appeared first on Asian Private Banker.

Southeast Asia saw sustained growth momentum and benefited from wealth spilling over from different corridors in 2025. As the private banking industry enters a new 2026, APB highlights five private banks to watch in Singapore. Standard Chartered is not done growing While Standard Chartered Private Bank reported a 57% YoY growth in assets under management in APAC in 2024, according […]

The post Five private banks to watch in Singapore in 2026 appeared first on Asian Private Banker.

Indosuez Wealth Management (Indosuez WM) has made a series of hires across relationship management, investment management, and insurance as it continues its hiring spree in Asia. On the relationship management side, Diana Chiew has joined the EAM desk in Singapore as a relationship manager, Indosuez WM announced in a statement on Thursday. In her new role, she will join Shiladitya […]

The post Indosuez WM continues Asia hiring spree with eight new appointments appeared first on Asian Private Banker.

Within the space of just a few weeks, Indosuez Wealth Management (Indosuez WM) hired seven Bank of Singapore bankers, representing a significant injection of talent helping support the boutique bank’s AUM and DPM business growth. Last month also saw some other notable movements in Asia. Bank of Singapore hired former UBS co-head of the UHNW solutions group, Claude Andre Harbonn, […]

The post Movers & Shakers: Spotlight on Indosuez WM as it scoops up Bank of Singapore RMs appeared first on Asian Private Banker.

Indosuez Wealth Management (Indosuez WM) has appointed a new head of North Asia. Chua See Piu will oversee business development for Indosuez WM’s North Asia region across markets including China, Taiwan, and Hong Kong. He began his role on 28 October 2025 and is based in Singapore. Chua previously held senior private banking and investment advisory roles at BNP Paribas […]

The post Indosuez WM adds to talent roster with North Asia head appeared first on Asian Private Banker.

Indosuez Wealth Management (Indosuez WM) has hired four bankers in Hong Kong, Asian Private Banker has learnt. Phonda Chan is now a managing director and deputy chief executive of Indosuez WM’s Hong Kong branch, subject to regulatory approval, according to a memo seen by APB. In her new role, Chan will strengthen the bank’s strategic focus while expanding its presence […]

The post Indosuez WM hires four bankers from Bank of Singapore in Hong Kong appeared first on Asian Private Banker.

With the year of the snake approaching, competition between private banks in Asia is hotting up when it comes to who can distribute the most dazzling red packets to clients. These envelopes – known as laisee or hongbao – are traditionally given to family members and friends. However, they can also be highly sought-after collectors’ items and fetch a premium […]

The post Vote now: Who has the best red packets in Year of the Snake? appeared first on Asian Private Banker.

Indosuez Wealth Management (Indosuez WM) has named a former Citi private banker as its new head of credit structuring. Catherine Samson will take on the role at the wealth management arm of Crédit Agricole, she announced on her personal LinkedIn profile. Based in Hong Kong, she was previously at Citi Private Bank as director, investment finance and banking. Samson had […]

The post Indosuez WM appoints new head of credit structuring appeared first on Asian Private Banker.

Crédit Agricole’s wealth management arm, Indosuez Wealth Management, has hired a new chief strategist for Asia, the bank said on Tuesday. Based in Singapore, Francis Tan will report to Arjan de Boer, Indosuez’s head of markets, investments & structuring, Asia. In this newly-created role, Tan will formulate Indosuez’s global investment strategies in Asia, and translate them into bespoke portfolio solutions […]

The post Indosuez WM hires chief strategist for Asia appeared first on Asian Private Banker.

A former Indosuez Wealth Management private banker has departed Guotai Junan International after spending less than a year at the Chinese investment banking and securities firm. Jaclyn Kaur, head of private client services at Guotai Junan International Wealth Management Singapore since June 2023, announced her departure on Thursday via her LinkedIn profile. Kaur will join AI Wealth as an investor […]

The post Former Indosuez banker departs Chinese firm after less than a year appeared first on Asian Private Banker.

In 2023, discretionary portfolio management (DPM) industry conversations were dominated by the topic of how to get clients out of cash and put their money back to work. Meanwhile, much time and energy was spent promoting sustainable investments (SI). Amid all the chatter, have banks managed to increase their Asia DPM penetration? And have more funds really been directed towards […]

The post Asia 2023 DPM and SI League Table: Sustainable investments break US$1 trillion, while DPM penetration stays stuck in the mud appeared first on Asian Private Banker.

During the pandemic, private banks implemented full-time remote working arrangements to prevent the spread of the COVID-19 virus. Since then, many of these policies have evolved into permanent flexible work-from-home arrangements. With some businesses opting for a full return-to-office mandate and others embracing a permanent work-from-home arrangement, private banks have, in general, sought an equilibrium, recognising the benefits of both […]

The post Revealed: Which private bank has the best work-from-home policy? appeared first on Asian Private Banker.

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.

Extraordinary social, political and fiscal challenges have made 2022 one of the toughest years in recent memory for private banking and wealth management. In the face of this, how are private bank CEOs steering their organisations through stormy waters? Where are they finding financial diversification opportunities? And what do they believe is in store for 2023? The flagship CEO panels […]

The post What Asia’s top PB CEOs have to say about the APB Summit appeared first on Asian Private Banker.

For the first time in 25 years, Asia is happy to see the US Federal Reserve tap the monetary brakes. With US inflation at the highest in four decades, the rationale goes, it is about time Chair Jerome Powell’s team got into the game. But there are now two giant economic forces tightening in unison — and in ways that […]

The post From Fed tightening to Omicron in China: Risks mount for Asia’s private banks appeared first on Asian Private Banker.

Indosuez Wealth Management on Monday announced the appointment, effective last Monday, of a new head of asset management for its Hong Kong branch. Ian Koo manages the bank’s Hong Kong asset management business, including the distribution, marketing, and investor servicing of asset management-related products and offerings. He reports functionally to Grizelda Lee, head of asset management Asia, Public Market Solutions. […]

The post Indosuez appoints new head of asset management for Hong Kong branch appeared first on Asian Private Banker.

Azqore, a tech-focused subsidiary of Indosuez Wealth Management, has announced the appointment of a new CEO and deputy CEO. Pascal Exertier has been named as the CEO of Azqore, taking up the role of Pierre Dulon, the former CEO who in April joined Crédit Agricole CIB as deputy general manager. Promoted from his role of deputy director, Exertier will be […]

The post Indosuez WM’s tech subsidiary appoints CEO and deputy CEO appeared first on Asian Private Banker.

The pandemic experience brought important lessons for the wealth management industry — lessons that, if heeded, would improve the private banking value proposition. That’s according to Omar Shokur, Indosuez Wealth Management’s Asia CEO, who discusses client experience, digitalisation, and the bank’s positioning in the region with Asian Private Banker. Omar, it’s easy to focus on how the events of the […]

The post Indosuez Wealth Management’s Omar Shokur: Clients now “more open and willing to engage remotely” appeared first on Asian Private Banker.

Indosuez Wealth Management has enhanced its team in Asia with three new senior hires in Singapore. Shiladitya Choudhuri has been named as managing director, market head of external asset manager & multi family office business; Jensen Wee has been made senior director, head of client services; and Harpreet Singh has become senior director, relationship manager. Choudhuri has been managing director […]

The post Indosuez Wealth Management hires three senior bankers in Singapore appeared first on Asian Private Banker.

Indosuez Wealth Management has announced three senior appointments at its Hong Kong branch, demonstrating its commitment to the Asia market. Willie Chue has been appointed managing director and Greater China market head. Prior to joining Indosuez, Chue was a director and team head at Deutsche Bank for over a decade and has served considerable time at J.P. Morgan. Chue is responsible […]

The post Indosuez WM adds three senior bankers in Hong Kong appeared first on Asian Private Banker.

As risk appetite improves on the back of a global economic recovery — driven by vaccine discoveries, expansive fiscal and monetary policies and a change of US president — the USD is likely to continue on its weakening trajectory, believe a number of wealth and asset managers in Asia. “We have been bearish on the USD for a while,” Shafali […]

The post USD “gradually but surely” on a downward trajectory: WMs and AMs appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: Both Singapore and Hong Kong are placing a strong emphasis on cultivating a competitive and supportive environment for family […]

The post Final Word 2020: Development of family office-supportive ecosystem appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: How is your bank optimising the utility of the relevant digital tools to prepare frontline staff for client engagement […]

The post Final Word 2020: Client engagement in post-pandemic environment appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: What important steps did your bank take to drive the sustainable investing agenda and to increase access to sustainable […]

The post Final Word 2020: Sustainable investing opportunities appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: What key investment themes shape your bank’s 2021 outlook — and why? Tan Siew Meng, HSBC Private Banking Asia […]

The post Final Word 2020: Top investment themes appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: From a portfolio perspective, how important will (a) Chinese assets and (b) alternative investments be for delivering clients’ objectives […]

The post Final Word 2020: Views on Chinese assets and alternative investments appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: NNA gathering and account opening have proven challenging in a pandemic-affected world. If we continue to experience lockdowns and […]

The post Final Word 2020: NNA gathering and account opening appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: In what ways has the COVID-19 pandemic irrevocably changed the private banking industry and your own bank’s approach to […]

The post Final Word 2020: How COVID-19 changed the private banking industry appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: Few can deny the importance of Asia’s onshore wealth markets — in terms of asset pools and the need […]

The post Final Word 2020: Asia’s PBs and the onshore opportunity appeared first on Asian Private Banker.

Indosuez on Wednesday announced two new hires as COO and head of AML for its Hong Kong branch. Michael van Ommeren has been appointed as chief operating officer of Indosuez’s Hong Kong branch. He is responsible for enhancing the bank’s core functional and economic efficiency and driving its growth strategy in the region. He reports to Olivier Livenais, CEO of […]

The post Indosuez hires Hong Kong COO and head of AML appeared first on Asian Private Banker.

This week: Indosuez WM: Equity market could see another 10% to 20% upside; Standard Chartered PB: Gold equities serve as “reasonable” proxy for gold, but bear higher risks; Lombard Odier: Private markets provide access to growth tech; UBS GWM: Consider using tech rally to rebalance; Bank of Singapore: Recent rate rebound won’t derail long term low yield trajectory Indosuez WM: […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

Asia’s private banking landscape is being transformed, with technology becoming a key differentiator for industry players. This transformation has been accelerated by the COVID-19 pandemic. In its third issue, the annual AppMap sees PBs placing a greater emphasis on connectivity, usability, and going paperless. There have been notable advancements on the security front, in digital transactions and in trade execution. […]

The post Greater emphasis on connectivity, usability and going paperless: the APB AppMap 2020 update appeared first on Asian Private Banker.

This Week: Indosuez WM: Market liquidity alters “all dynamics” for credit; Raffles Family Office: Market unlikely to test new lows; UBS GWM: Chinese government to increase healthcare spending; VP Bank sees the USD depreciate over long term; Lombard Odier: BoE unlikely to push rates to negative Indosuez WM: Market liquidity alters “all dynamics” for credit Indosuez Wealth Management believes that […]

The post CIO Weekly – Featuring Indosuez’s Arjan de Boer appeared first on Asian Private Banker.

This week: EFG’s Simon Godfrey: HY defaults likely to increase despite central banks’ stimuli; Pictet WM raises gold price projection; UBS GWM: Be selective as equities are “fully valued”; Now is a “decent entry point” for credit investors: Indosuez WM, Vontobel AM; Weak economic data not suggestive of a bear market: DBS Bank’s Hou EFG’s Simon Godfrey: HY defaults likely […]

The post CIO Weekly – Featuring EFG Bank’s Simon Godfrey appeared first on Asian Private Banker.

The widening of credit spreads to an almost historical high is representing a “decent entry point” for bond investors, according to Indosuez Wealth Management and Vontobel Asset Management. In Asian Private Banker’s “APB Leaders Week Webinar Series 2020: Sustainability Now”, Grizelda Lee, head of discretionary portfolio management, Asia, Indosuez Wealth Management and Eoin Walsh, partner, portfolio manager, TwentyFour Asset Management, […]

The post Now is a “decent entry point” for credit investors: Indosuez WM, Vontobel AM appeared first on Asian Private Banker.

Indosuez Wealth Management expects that most measures to contain the COVID-19 pandemic will be lifted in the second quarter and Asia assets will benefit as risk appetite recovers. For China, the worst quarter would be 1Q20, asserted Marie Owens Thomsen, global chief economist and head of intelligence research at Indosuez WM, in an online media roundtable on Tuesday. For Western […]

The post Indosuez WM: Asia assets attractive again as worst of COVID-19 has passed appeared first on Asian Private Banker.

The private banking industry in Asia is no stranger to inspirational female leaders with stellar careers, who nurture successors with their professionalism and passion at work. To celebrate this year’s International Women’s Day, Asian Private Banker invited women leaders from different functions of the private banking industry and representatives from the Hong Kong Monetary Authority (HKMA) to share their thoughts on […]

The post Nurturing success – Female PB leaders’ thoughts on gender diversity and achieving excellence appeared first on Asian Private Banker.

Indosuez Wealth Management is urging investors to be patient for the inflection point of the ongoing deadly coronavirus outbreak, believing the disruption to economic activity and corporate earnings should be temporary and a quick rebound in both economy and financial market performance will be seen afterwards. “We advise patience for signs of stabilisation such as the peaking-out of the daily […]

The post Indosuez is urging investors to be patient for COVID-19 inflection point appeared first on Asian Private Banker.

This week: Indosuez is urging investors to be patient for COVID-19 inflection point; UBS GWM cautions about risk assets as VIX index reaches two-year high; LGT PB increases liquidity due to ongoing uncertainties; DBS PB: “Negatives sufficiently priced in”; Raffles FO: To minimise risk, buy in tranches rather than ‘bottom fish’ Indosuez is urging investors to be patient for COVID-19 […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: What is the single biggest challenge and the single biggest growth opportunity for your business today? […]

The post Final Word 2019: PB CEOs share their banks’ greatest challenges and opportunities appeared first on Asian Private Banker.

Despite US equities being at an all time high level, Indosuez Wealth Management says there remain reasons for the market to run further for the rest of 2019 and into 2020. “From a technical perspective, over the past 70 years or so, when the S&P 500 is up over 20% through the end of October, the average return for the […]

The post Indosuez WM: US equities to run further going into 2020 appeared first on Asian Private Banker.

This week: Indosuez WM says US equities will continue rising going into 2020; UBP adds call options to participate in upside potential; PB CIOs warn of tail risks in the new year; Schroders WM CIO Caspar Rock cautions investors on equity valuations; and UBS GWM is positive on China hardware, underpinned by better-than-expected Q3 results. Indosuez WM: US equities to run […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

In a bid to broaden DPM adoption, Indosuez WM has decreased its mandate inception size for its Asia private banking clients. Despite the bank not sharing the exact figure, it indicated that the decreased levels varied across different mandates. “We acknowledge that Asian clients may be less familiar with DPM, so typically, should they want to dip their toes into […]

The post Indosuez WM decreases ticket size for discretionary mandates appeared first on Asian Private Banker.

Despite a relatively synchronised slowdown in Asian growth, economic divergence within the region appears to be growing, according to Indosuez Wealth Management. “We are cautious about the Southeast Asian markets as the consensus view expects the growth slowdown to persist in the near term until year-end due to trade tensions, the tech downcycle, and a slowing Chinese economy,” Arjan de Boer, […]

The post Indosuez WM: Asian equities to diverge further appeared first on Asian Private Banker.

This week: Indosuez WM expects Asia equities to diverge further; Standard Chartered PB ups bond exposure by 10 pps to diversify; UBS GWM allocates to high-yielding Asia stocks and currencies; LGT PB believes Fed will cut rates this month; and Pictet WM revises down 10-year Treasury yield. Indosuez WM: Asian equities to diverge further Despite a relatively synchronised slowdown in […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

Azqore is expanding its S2i solution by way of an API repository in order to improve agility and better meet the integration needs of its clients, according to the firm’s Singapore CEO. As of last July, the independent subsidiary of Indosuez Wealth Management owns the proprietary business process outsourcing (BPO) S2i solution, which has so far gone live with thirty clients, including five […]

The post Azqore embraces APIs to improve platform integration appeared first on Asian Private Banker.

Indosuez Wealth Management’s Pierre Masclet, the Swiss player’s incumbent CEO, Asia and Singapore branch, will assume the role of deputy global CEO, according to an internal note seen by Asian Private Banker. Masclet made his mark in Asia with the acquisition of Crédit Industriel et Commercial’s private banking activities in Singapore and Hong Kong. It was a transformative deal in many ways insofar […]

The post Indosuez WM names deputy global CEO and Asia CEO appeared first on Asian Private Banker.

Indosuez Wealth Management has appointed UBS Global Wealth Management’s former director of active portfolio advisory as its new Singapore investment advisory head, the bank announced today. Based in the city-state, Woo Ting May has joined Indosuez WM as head of investment advisory, Singapore and has been charged with leading the lender’s investment advisory team and working closely with relationship managers […]

The post Indosuez WM nabs UBS GWM’s former director of active portfolio advisory appeared first on Asian Private Banker.

This week: Indosuez WM takes profit from the bond market given heightened prices; UBS GWM believes the tech sector offers further upside; Standard Chartered WM says capital market valuations are not yet stretched; LGT PB ups IG bond holdings; and Credit Suisse sees short-term opportunities in the banking sector. Indosuez WM takes profit from bond market given heightened prices Indosuez […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

Indosuez Wealth Management is taking profit from fixed income as it suspects markets have overreacted to central banks’ dovish turns, driving bond prices upwards. “Currently, it appears that markets have read too much dovishness in the Fed communication, leading to elevated bond prices as rate cuts are being priced in and the hunt for yield resumed,” Arjan de Boer, head […]

The post Indosuez WM takes profit from bond market given heightened prices appeared first on Asian Private Banker.

As private banks in Asia continue to invest in technology, Asian Private Banker reviews the milestones that the industry has reached in the 2019 update of AppMap — the most comprehensive round-up of front-office and client applications deployed by the region’s wealth managers. Significant updates and tweaks in the last 12 months include reducing the friction of client-RM communications, upgrading […]

The post AppMap: The 2019 update appeared first on Asian Private Banker.

Indosuez Wealth Management has internally appointed a new global chief digital officer, the lender announced today. Romain Jérome, previously director of digital transformation and innovation at Crédit Agricole Corporate and Investment Bank since 2016, has been named Indosuez’s new global CDO. He is tasked with leading Indosuez WM’s digital transformation, which is at the centre of the firm’s medium-term strategy. He […]

The post Indosuez WM appoints global CDO appeared first on Asian Private Banker.

This International Women’s Day, private bankers and wealth managers across the region speak to Asian Private Banker on the finer nuances of addressing the high net worth female demographic, including wealthy women’s deepest worries and most pressing concerns, the evolving roles and burdens they assume in wealth planning and transfer, and their investment interests and priorities. Top concerns: What are […]

The post Close to the heart: Women’s wealth matters in private banking appeared first on Asian Private Banker.

This week: UBS GWM revises its Asia TAA and says investors should stay long on Chinese equities ahead of the NPC; Bank of Singapore warns investors of a “short-term pullback” in the YTD rally; HSBC PB remains overweight on Chinese stocks as US-China trade talks continue; Standard Chartered PB sees Asia USD bonds outperform amid risk of rising yields; and […]

The post CIO Weekly – February 2019 Week 4 appeared first on Asian Private Banker.

Indosuez Wealth Management has cautioned against risks in the market, advising clients to be mindful when conducting carry trades between the JPY and the USD. “The BoJ left the cash rate unchanged in January; however, it’s worth noting that the economy is facing a stark reduction in the central bank’s inflation forecast,” Benjamin Leung, Indosuez Wealth Management’s head of FX […]

The post Indosuez WM: Carry trades between JPY and USD may be exposed to risk appeared first on Asian Private Banker.

Protracted volatility in the stock market has prompted Asian high net worth investors to shift their trading activities from equities to FX as the latter is widely considered to be an “all-weather” investment, according to Indosuez Wealth Management. “FX is an all-weather product for both banks and clients,” Arjan de Boer, head of markets and investment solutions, Asia at Indosuez […]

The post Investors move from equity to FX trading, accumulators dominate flow in Asia: Indosuez WM appeared first on Asian Private Banker.

This week: Indosuez WM says the services-driven economy will lengthen the business cycle; private banks think the time has come to reduce cash holdings; Standard Chartered Bank increases equity exposure; DBS Bank believes the Chinese e-commerce sector will “continue to shine”; and Deutsche Bank WM expects a dovish Fed to benefit emerging markets. Indosuez WM: Economic business cycle to lengthen […]

The post CIO Weekly — Featuring Indosuez WM’s Marie Owens Thomsen appeared first on Asian Private Banker.

Despite industry-wide concern over the possibility of a recession given the late stage of the economic business cycle, Indosuez Wealth Management says investors should expect the current cycle to extend further. “I believe that one of the very important contributing factors to the lengthening of the business cycle is the fact that we’re going more and more into services,” Marie […]

The post Indosuez WM: Economic business cycle to lengthen appeared first on Asian Private Banker.

Indosuez Wealth Management in Asia is focusing on income through equity dividends in 2019, driven by deteriorating fixed income prospects and a broad shift in its investment strategy from growth to value following last year’s correction. Pursuing income through equities “We are currently overweight equities relative to fixed income but still slightly less overweight compared to last year,” Arjan de […]

The post Investment advisory outlook 2019: Indosuez seeks income through equities appeared first on Asian Private Banker.

Hong Kong-based multi-family office Carret Private Investments has expanded into Singapore and made a number of hires on the back of a year that saw the firm’s AUM swell. Kenny Ho, Carret Private’s managing partner, told Asian Private Banker the MFO is awaiting its capital markets licence in Singapore and expects to receive it early this year. He described the Singapore […]

The post Carret Private pushes into Singapore, hires from Indosuez WM as AUM swells appeared first on Asian Private Banker.

A year after Indosuez Wealth Management drew a formal line under its integration of Crédit Industriel et Commercial’s private banking activities in Singapore and Hong Kong, its Asia chief, Pierre Masclet, has told Asian Private Banker the expanded business unit is performing “above expectations”. That’s despite a difficult year for the region’s private banks, which contended with muted client activity and […]

The post Indosuez’s Masclet gives thumbs up to bank’s performance one year on from CIC integration appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: What is your view on robo-advisors and is your firm developing robo-capabilities of its own? Have you observed any robo-advisory developments that […]

The post Final Word 2018: CEOs talk robo strategies and the human element appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: Are you satisfied with how regulators interact with and solicit the industry for feedback? Pierre Masclet, CEO, Asia and Singapore branch, Indosuez […]

The post Final Word 2018: CEOs review the region’s regulators appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: What essential tool do you have in your arsenal or plan to develop that will help your firm tackle increasing regulatory stringency […]

The post Final Word 2018: CEOs share their thoughts on how to deal with increased regulatory stringency, compliance costs appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: Although geopolitical uncertainty and volatility pose a challenge to DPM performance, will these dynamics ultimately prove a boon for the discretionary business […]

The post Final Word 2018: CEOs discuss DPM and alternatives amid today’s erratic markets appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: What is the one revenue line that you must build up significantly in the coming few years to ensure business sustainability? And […]

The post Final Word 2018: CEOs discuss their single most critical revenue line appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: In the midst of what has been construed as an increasingly difficult macroeconomic environment, how do you think the private banking and […]

The post Final Word 2018: CEOs share their thoughts on who will best withstand the difficult macroeconomic environment appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: How important is it for your business to make substantial inroads in China to ensure sustainability and growth over the next decade? […]

The post Final Word 2018: CEOs speak out on their China onshore strategies appeared first on Asian Private Banker.

‘Final Word’ is a ten-part series in which the industry’s leaders share their thoughts and opinions on key issues around industry trends, business performance, investment solutions, regulations and compliance, and technology. For this instalment, Asian Private Banker asks: What is the state of Asia’s talent pool and did your firm pay significantly higher for new talent? What is your view […]

The post Final Word 2018: CEOs chime in on the state of Asia’s PB talent pool appeared first on Asian Private Banker.

An ex-Nomura senior banker who joined Indosuez Wealth Management a little more than a year ago has left. Eugene Huang exited Indosuez Wealth Management after joining its Singapore-based commercial team in June 2017. A spokesperson for the bank declined to comment. Prior to joining the French private bank, Huang was most recently an executive director and team leader at Nomura […]

The post Senior banker exits Indosuez WM after one year appeared first on Asian Private Banker.

Indosuez Wealth Management has lost a seasoned private banker in Asia who had been with the bank for three decades. Asian Private Banker understands that Ellen Tiang, a managing director based in the bank’s Singapore office, has retired. According to sources, Tiang was part of the “pioneering roster” of relationship managers that first kicked off the former Crédit Agricole Private Banking […]

The post 30-year Indosuez banker retires appeared first on Asian Private Banker.

Indosuez Wealth Management has appointed a new head of structured products in Asia, as part of the wealth manager’s plans to bolster new product development and offer bespoke solutions to clients. Based in Hong Kong, Shirley Lau now leads Indosuez WM’s structured products teams in Hong Kong and Singapore, developing and expanding the structured products and OTC derivatives platform in […]

The post Indosuez WM hires Asia head of structured products appeared first on Asian Private Banker.

Capgemini will acquire a 20% stake in Indosuez Wealth Management’s technology solution, Azqore, in order to speed up development of the latter’s S2i platform and expand its service offering, the two parties announced today. The equity investment will allow Azqore — formerly known as Crédit Agricole Private Banking Services (CA-PBS) — to “accelerate the functional and technological development” of its […]

The post Capgemini takes 20% stake in Indosuez WM’s tech platform Azqore appeared first on Asian Private Banker.

Indosuez Wealth Management has appointed a new head of real estate for its Asian business to boost its alternatives offering. Justin Lau has been named the wealth manager’s head of real estate, covering both the Southeast Asia and North Asia markets. Lau reports to Julien Collin, head of markets, investments and structuring, Singapore at the bank. When contacted, a spokesperson […]

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The global regulatory landscape may be shifting to better align interests and increase transparency, but industry sources have fair concerns about the immediate impact this will have on discretionary portfolio management (DPM) in Asia, citing clients’ potential to act against their own interests. Fee scrutiny could lead to harmful fund switching New rules require wealth managers in Hong Kong to […]

The post Retro fee ban could prove double-edged sword for DPM appeared first on Asian Private Banker.

Indosuez Wealth Management has added six relationship managers in Asia, continuing a run of heavy hiring following its acquisition of CIC’s private banking activities in Hong Kong and Singapore. Surmit Chaturvedi and Poonam Kaur have both been appointed as RMs on Indosuez WM’s NRI team. Chaturvedi, who was previously at J. Safra Sarasin in Singapore, has 20 years of experience with […]

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Indosuez Wealth Management (WM) has rebranded its technology solution, Crédit Agricole Private Banking Services (CA-PBS), as part of the bank’s digital revamp. Now called Azqore, the newly independent subsidiary of Indosuez WM helps wealth managers and private banks improve operational efficiency and ensure regulatory compliance through its proprietary business process outsourcing (BPO) solution, S2i. “With regulatory evolution becoming ever more complex, […]

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Indosuez Wealth Management’s Asia commercial head and former Singapore chief executive officer has exited the private bank, Asian Private Banker can reveal. After nearly 13 years with the French wealth manager, Sen Sui is understood to have left Indosuez, according to sources close to the matter. A spokesperson for the bank declined to comment on Sui’s departure. Sui first joined the bank, […]

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Indosuez Wealth Management has appointed a new global CEO from within, following the exit of former chief executive, Paul de Leusse, in May. Jacques Prost, who was deputy CEO of Crédit Agricole Corporate and Investment Bank, has been named Indosuez’s new head, effective 18 June. Last month, de Leusse, who became Indosuez CEO in 2016, was appointed as Orange Group’s deputy […]

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Indosuez Wealth Management (WM) has internally appointed a new head of markets, investment and structuring in Singapore. Julien Collin, who had held the same title in Paris since 2014, will now lead a team of 35, providing investment advice to Indosuez’s UHNW clients in the city-state. He relocated to Singapore in July 2017 when he was appointed acquisition programme director to lead the integration […]

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Arjan de Boer, who oversees Indosuez Wealth Management’s products and services in the region, joined the bank moments before it acquired CIC’s private banking activities in Hong Kong and Singapore. He sat down with Asian Private Banker to discuss developments in the wealth manager’s products offering, the impact of the CIC deal, and his priorities going forward. Arjan, it’s been […]

The post Straight Talk: Arjan de Boer, head of markets and investment solutions, Asia, Indosuez Wealth Management appeared first on Asian Private Banker.

Now is the time for investors to give up some liquidity in financial markets in order to profit from opportunities in less liquid assets, Indosuez Wealth Management has told APB Mandate. The bank says that investors should not be overly focused on liquid assets as the opportunity cost of that liquidity could be high. This is the case even if […]

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Private banks in Asia say interest rate hikes in the US will happen at a faster clip than the Fed’s guidance for 2018, under the improving inflation condition and decreasing unemployment in the country. Credit Suisse Private Banking, Bank of Singapore and Pictet Wealth Management told investors they expect to see three further hikes from the Fed before the end […]

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Crédit Agricole Private Banking Services (CA-PBS), a department of French wealth manager, Indosuez, has secured a new private banking client in Asia for its recently-revamped business process outsourcing (BPO) solution, S2i, Asian Private Banker can reveal.  Bank of China Singapore Private Banking is the latest private bank to deploy S2i, having gone live with the solution at the end of January 2018, […]

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One key takeaway from Asian Private Banker’s annual ‘Final Word’ series is that Asia’s private banking CEOs generally agree that opportunities abound in the region’s onshore markets. But penetrating these markets in an effective, cost-efficient and, ultimately, sustainable manner is another matter altogether, with onshore forays varying drastically in form, scale and ambition. What’s more, not all private banks believe they […]

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Although concern over correction risk persists, due to high valuations and record-low levels of volatility, Indosuez Wealth Management expects equities to continue benefiting from positive earnings momentum, advising investors to stay long and explore opportunities to increase allocations if consolidation occurs. Equities: Long equities in 1H18 “Despite less compelling valuation levels, equity markets should continue to benefit from a positive earnings […]

The post Indosuez Wealth Management: Long equities in 1H18, add allocations post-consolidation appeared first on Asian Private Banker.

Indosuez Wealth Management has grown its assets under management in Asia to around €12 billion (US$14.2 billion) as a result of its acquisition of Crédit Industriel et Commercial’s (CIC) private banking business in Asia, which is now complete. The bank today said that it had “successfully completed” the project after announcing the deal in July. The deal covers CIC’s private […]

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Indosuez Wealth Management’s Asia CEO and Singapore branch manager, Pierre Masclet, has told Asian Private Banker that the firm’s decision to acquire an Italian wealth manager marks a further step towards the private bank achieving its “Shaping Indosuez 2020” project. The bank announced two days ago that it has signed an agreement with Banca Leonardo’s main shareholders to take a […]

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Indosuez Wealth Management (WM) continues to beef up its front line in Hong Kong and Singapore with the hire for three senior private bankers and one product specialist, according to a media release from the bank. The French lender has hired two senior bankers from ANZ Private Bank in Hong Kong. Andrew Cheng and Amy Yeung have joined Indosuez WM […]

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Indosuez Wealth Management has added another banker to its non-resident Indian (NRI) team in Singapore as part of the bank’s “series of strategic hires” aimed at bolstering its coverage of the NRI segment. Vignesh Ravindran, who was previously an executive manager at Westpac, has been appointed as a senior banker, the bank said in a statement today. Indosuez’s recent NRI […]

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A pair of Asia-based hires for VP Bank announced earlier this month will have provided cold comfort for the pure play after it was beaten to the punch for CIC’s private banking franchise in Hong Kong and Singapore in June. Meanwhile, sources close to the deal say that Indosuez Wealth Management is “extremely pleased” with its purchase after entering the competition […]

The post Indosuez-CIC: Anatomy of a deal appeared first on Asian Private Banker.

Indosuez Wealth Management and Pictet Wealth Management are the latest private banks in the region to roll out apps for their clients this year, making them the newest additions to Asian Private Banker’s App Map. Indosuez Wealth Management launched its client app, ‘Indosuez Insights’, in February to “give anyone a privileged access to [the bank’s] latest economic and financial research”, […]

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Global assets under management for Credit Agricole’s wealth management arm, which includes Indosuez Wealth Management and LCL Private Banking, have increased by 3.4% YoY, while Q2 saw “positive net new inflows”, the French bank announced today. Total wealth management AUM reached €155.5 billion – up from €150 billion a year earlier. Net new money flows contributed to a 2.5% increase in […]

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Yesterday, Indosuez Wealth Management confirmed that it has reached an agreement to buy Crédit Industriel et Commercial’s (CIC) private banking activities in Asia. As evidenced by recent acquisitions in the region, private banking mergers nowadays involve not only a marriage of two firms, but also a fusion of their respective technology systems. Asian Private Banker examines the intricacies of the […]

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Following Indosuez Wealth Management’s announcement last month that it was in “exclusive discussions” regarding a takeover of Crédit Industriel et Commercial’s (CIC) private banking operations in Hong Kong and Singapore, the French lender says it has reached an agreement with CIC, which will see its Asia AUM grow to US$14 billion. The private banking arm of Crédit Agricole said it […]

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Indosuez Wealth Management has hired its seventh senior banker in Asia this year, the French private bank said in a statement today. Eugene Huang joined Indosuez as a senior banker within the lender’s commercial team on 1 June, based in Singapore. Advertisement Huang was previously an executive director and team leader at Nomura Wealth Management in the city-state. Previously, he […]

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Following Asian Private Banker’s breaking news that Indosuez Wealth Management (WM) has agreed to purchase Crédit Industriel et Commercial’s private banking activities in Hong Kong and Singapore, Indosuez has now confirmed via a media release that it is in “exclusive discussions for the acquisition”, and that it expects the transaction to be finalised by the end of the year. While the […]

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Indosuez Wealth Management has agreed to purchase Crédit Industriel et Commercial’s (CIC) private banking business in Hong Kong and Singapore, Asian Private Banker can reveal. Sources close to CIC indicate that the deal is for the French private bank’s assets in the region, although the exact nature of the transaction has yet to be confirmed. Internal announcements are currently underway within CIC […]

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The global private equity sector has reached a number of milestones recently – including the closing of the largest Asia-focused buyout fund – and wealth managers in the region are capitalising on this ongoing growth story. Last week, KKR said it had raised US$9.3 billion for its Asia-focused fund, making this the largest-ever regional buyout fund. The New York-based private […]

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