A seasoned wealth management veteran in Singapore is set to move from Julius Baer to Bank of Singapore, Asian Private Banker can reveal. According to sources familiar with the matter, Vi Sun Yang, the Swiss private bank’s market head for Southeast Asia, will leave the firm to join Bank of Singapore. She is understood to be taking on a Singapore […]

The post SEA market head leaves Julius Baer for Bank of Singapore appeared first on Asian Private Banker.

Asian Private Banker is delighted to present Final Word 2025, our year-in-review feature featuring regional heads from wealth management players across APAC. Click here to read Final Word 2025 In this exclusive feature, top executives reflected on what kept them up at night in 2025, covering everything from digital transformation to regulations, and business strategy to investment performance. Below are some […]

The post Final Word: Private banking leaders reflect on strong a 2025, reveal strategies for 2026 appeared first on Asian Private Banker.

Southeast Asia’s private banks have been experiencing strong inflows and sustained growth momentum, according to private banking leaders at the APB Summit 2025 in Singapore today. The panel discussion, Business highlights: Progress in Singapore’s private wealth business revealed private banking trends in the region, differentiation strategies, and future industry challenges identified by private banking CEOs. International corridors supporting flows At […]

The post APB Summit 2025: Flows, edge, concerns – UBS, Julius Baer, BOS, DBS share insights appeared first on Asian Private Banker.

Julius Baer has announced key leadership changes in its Southeast Asia business, naming Shui Wei Ho and Vi Sun Yang as market heads for the region, effective 1 July. The appointments come as veteran banker Chin Lit Yee prepares to retire, concluding a career spanning nearly four decades. Both Ho and Yang bring close to 30 years of wealth management […]

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Julius Baer has shaken up its organisational structure as newly-installed CEO Stefan Bollinger continues to make his mark at the Swiss pure-play after establishing a new executive board and Global Wealth Management Committee (GWMC) in February. New global products and solutions unit Effective immediately, Julius Baer said on Monday that it had created a global products and solutions unit, combining […]

The post Julius Baer rejigs structure as Bollinger makes mark appeared first on Asian Private Banker.

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:

The post Awards for Distinction 2024: Photo highlights from our gala dinner appeared first on Asian Private Banker.

Under the helm of new CEO Stefan Bollinger, Julius Baer is shrinking its Executive Board and has announced plans for job cuts in Switzerland as part of a cost-cutting programme to boost profitability. Following pre-tax profits that missed analysts’ estimates in FY2024, Julius Baer’s shares tumbled more than 10% on Monday morning. Shrinking Executive Board The bank presented its 2024 FY […]

The post Julius Baer unveils trimmed down Exec Board with no room for Asia appeared first on Asian Private Banker.

Julius Baer’s joint venture in Thailand has appointed a new CEO, Asian Private Banker can reveal. SCB Julius Baer has appointed Adrian Mazenauer as CEO to drive the next phase of growth for its high net worth wealth management business in Thailand, according to people familiar with the matter. Mazenauer was previously deputy CEO and head of wealth management for […]

The post SCB Julius Baer appoints Credit Suisse veteran as CEO appeared first on Asian Private Banker.

Singapore’s global reputation as a private banking destination has continued to thrive, underpinned by the city’s political and legal stability. In 2024, private banks in Singapore benefited from an influx of Greater China clients, the growing ASEAN wealth corridor and a supportive policy regime for new family offices, attracting more ultra/high net worth individuals to book assets in the city-state. […]

The post Five private banks to watch in Singapore in 2025 appeared first on Asian Private Banker.

Julius Baer has been ramping up its Greater China-focused business in Singapore and Hong Kong, bringing in private bankers from leading firms, Asian Private Banker has learned, as it aims to boost its AUM in the region. This follows the recent hiring of two senior executives from Nomura International Wealth Management in Hong Kong, and Krist Wong, formerly head of […]

The post Julius Baer boosts Greater China teams with senior hires from top banks appeared first on Asian Private Banker.

Julius Baer has hired two senior bankers in Hong Kong from Nomura International Wealth Management (Nomura IWM), Asian Private Banker has learnt. Amy Chuang and Harrison Ho both recently joined the Swiss pure-play in Hong Kong, reporting to Christine Soong, group head, Greater China Hong Kong, according to people familiar with the matter. Chuang joined as a team head for […]

The post Julius Baer expands Hong Kong Greater China team with two senior hires from Nomura appeared first on Asian Private Banker.

From HSBC Global Private Banking’s Lok Yim, to BNP Paribas Wealth Management’s Arnaud Tellier and Julius Baer’s Jimmy Lee, Asia Pacific has produced a plethora of leading private banking CEOs. What is perhaps less known, though, is that for each of these male bankers, there is an inspirational female figure. From a great-grandmother with a quiet strength who came to […]

The post IWD 2024: Male private banking heads reveal the women who inspired them 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.

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, […]

The post Julius Baer promotes internally to shape new Asia, EM leadership team appeared first on Asian Private Banker.

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 […]

The post Private banks are leaving Central in Hong Kong. Where next? appeared first on Asian Private Banker.

Julius Baer has announced three senior appointments to bolster its Southeast Asia team, including a replacement for Jason Moo. With immediate effect, Chin Lit Yee has been named head of Southeast Asia and Yee Kim Tan has taken up the role of Singapore branch manager. Kevin Tay has assumed Yee’s role as group head of Southeast Asia. Yee will report […]

The post Julius Baer announces new head of Southeast Asia appeared first on Asian Private Banker.

Welcome to Asian Private Banker‘s Final Word 2022. This year-in-review feature collects the insights and views of private banking and wealth management leaders from across the regional industry. As well as assessing 2022’s top trends – from investments, to products, to technology – it also provides an opportunity for top CEOs, COOs and investment heads to lay out their predictions […]

The post Final Word 2022: What’s in store for 2023? UBS, Credit Suisse, HSBC and other industry leaders have their say appeared first on Asian Private Banker.

The head of private banking for Southeast Asia at Julius Baer has resigned, the bank said on Friday (December 16). Jason Moo, who is also the branch manager for Singapore, will leave the bank after less than three years in the role to pursue other opportunities, the bank added. Jimmy Lee, head of Asia Pacific, will take over as interim […]

The post Julius Baer‘s head of Southeast Asia resigns appeared first on Asian Private Banker.

Buoyed by robust mandate penetration rates, Asia-Pacific pure-play private banks enjoyed strong AUM growth in 2021, according to Asian Private Banker data. The data reveal that six pure-plays in the region grew their AUM, with their combined books expanding by 10.2% to US$387.37 billion. That stood in stark contrast to other parts of the industry, where AUMs were hit by […]

The post Four pure-play CEOs share the secrets to their AUM growth in Asia-Pacific appeared first on Asian Private Banker.

Julius Baer has named a former J.P. Morgan private banking heavyweight as its new head of Global India and Developed Markets. Industry veteran Rahul Malhotra, previously head of Southeast Asia at J.P. Morgan Private Bank, will succeed Torsten Linke who will retire, the Swiss bank said on Tuesday. Malhotra starts in his Singapore-based role on 1 September 2021. He will […]

The post Julius Baer appoints J.P. Morgan PB veteran as new Global India & DM head appeared first on Asian Private Banker.

Julius Baer has announced it is partnering with the Beijing International Wealth Management Institute today, marking the latter’s first collaboration with a foreign institution. The Swiss bank and the Chinese organisation will bring together Julius Baer’s wealth management expertise, spanning 130 years, and the institute’s academic research, according to a press release. This is aimed at setting the benchmark for […]

The post JB partners with Beijing-based WM institute to spur industry growth in China appeared first on Asian Private Banker.

Julius Baer (India) has expanded its domestic team with six new hires this year, while vowing to augment the use of digitalisation and technology to improve the client experience and boost efficiency. The firm has onboarded a total of six bankers to the Indian franchise during this calendar year, of which three joined the team in India over April and […]

The post Julius Baer expands domestic Indian team with a stronger focus on digitalisation appeared first on Asian Private Banker.

Asian metropolises have emerged as some of the most unaffordable cities in the world when it comes to the finer things in life, according to Julius Baer’s Global Wealth & Lifestyle Report. Of the 28 global cities that the report covers, five cities — Hong Kong, Shanghai, Tokyo, Singapore, and Taipei — rank in the top 10. Julius Baer’s report […]

The post Asia dominates most expensive cities chart, has priciest property and cars: JB report appeared first on Asian Private Banker.

Julius Baer will rejig its organisational structure and form a new executive leadership team in what the bank says is a move designed to improve client focus and agility. The changes, which take effect at the beginning of 2020, follow the appointment of Philipp Rickenbacher as CEO in July and the bank’s implementation of a CHF 100 million cost-cutting programme […]

The post Julius Baer rejigs org structure, unveils leaner executive team 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: Ten years on from the GFC, how has your product shelf evolved and how have clients’ perceptions of structured products changed? Steven […]

The post Final Word 2018: CEOs discuss how their product shelves and investor behaviour have evolved since the GFC 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: 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.

Nomura will purchase a 40% stake in Julius Baer’s Japan wealth management business and gain access to its discretionary portfolio management (DPM) capabilities, with plans to rename the Swiss pure play ‘Julius Baer Nomura Wealth Management’ to underline the strategic partnership. Nomura-Julius Baer tie-up to enable DPM asset growth According to a press release, Nomura will be able to leverage from […]

The post Nomura to buy 40% stake in Julius Baer’s Japan business, gain access to DPM capabilities appeared first on Asian Private Banker.

Julius Baer’s new strategic joint venture with Siam Commercial Bank (SCB) is a “pioneering move”, according to Angela Bow, the pure play’s head of Japan, emerging Asia & intermediaries, who told Asian Private Banker that Julius Baer sees in SCB a “deep client base and a complementary set of values”. The agreement, announced today, will allow SCB and its clients to make […]

The post Julius Baer’s Angela Bow says Siam JV a “pioneering move” appeared first on Asian Private Banker.

After more than a decade with the Swiss pure play, Julius Baer’s vice chairman of South East Asia has resigned, Asian Private Banker can reveal. David Lim has left the private bank for “personal reasons”, a spokesperson confirmed to Asian Private Banker.  He was tasked with broadening Julius Baer’s client relationships in Singapore. The bank will not name a replacement. Lim joined the […]

The post Julius Baer’s SEA vice chairman steps down appeared first on Asian Private Banker.

For Julius Baer, the past two weeks have been eventful to say the least. Boris Collardi resigned as CEO to join Pictet in a global leadership role, while in Hong Kong, the bank was in full branding mode as global partner for the city’s annual Formula E weekend, where car speeds reach as high as 225 km/h. That’s apt, because […]

The post Straight talk: Jimmy Lee, head Asia Pacific, Julius Baer appeared first on Asian Private Banker.

The Common Reporting Standard (CRS) regime, an OECD initiative that requires jurisdictions to obtain client information from financial institutions and, where necessary, to ‘automatically’ share it with other jurisdictions, is an issue that casts a long shadow over Asia’s private industry – if only for the uncertainty it engenders. Concerns will have only increased when news surfaced last week that the […]

The post Web search data points to uptick in Asia CRS chatter appeared first on Asian Private Banker.

(This article first appeared in Issue 106 of Asian Private Banker’s monthly print magazine, published in the first week of December 2016. This piece is part of The Final Word series, where top private banking and wealth management heads share their views on trends related to regulations and compliance in 2016 and the year to come.) What measures are you […]

The post The Final Word: Regulations and compliance appeared first on Asian Private Banker.

(This article first appeared in Issue 106 of Asian Private Banker’s monthly print magazine, published in the first week of December 2016. This piece is part of The Final Word series, where top private banking and wealth management heads share their views on talent trends in 2016 and the year to come.) In 2017, will you place a greater emphasis […]

The post The Final Word: Talent appeared first on Asian Private Banker.

(This article first appeared in Issue 106 of Asian Private Banker’s monthly print magazine, published in the first week of December 2016. This piece is part of The Final Word series, where top private banking and wealth management heads share their views on industry trends in 2016 and the year to come.) What is your view on the one-bank approach […]

The post The Final Word: Industry trends appeared first on Asian Private Banker.

When foreign private banks look towards India, they typically see a US$612 billion opportunity that is ripe for the picking. But India onshore is one of those markets where the home ground advantage counts for a lot; and foreign players have learnt the hard way that simply dragging and dropping an offshore business model into the country is an imprudent strategy […]

The post India onshore: In search of the sweet spot appeared first on Asian Private Banker.

The rumours have been rife, but Asian Private Banker can now reveal that a private banking heavyweight has exited Barclays, and that a replacement has been found.  Vivian Chan, a well-known figure in Asia’s private banking industry with over 30 years of experience servicing the UHNW segment, has left Barclays where she had served as regional head of North Asia since […]

The post Confirmed! Barclays loses industry heavy hitter appeared first on Asian Private Banker.

Two months after Asian Private Banker first reported the appointment, Julius Baer has confirmed that a former Credit Suisse veteran has joined its team in Hong Kong. Angela Bow has officially been named as Julius Baer’s head emerging Asia. The newly created role is intended to strengthen the bank’s presence in the Philippines and Thai markets. Bow reports to Jimmy Lee, head […]

The post Julius Baer confirms former Credit Suisse veteran hire appeared first on Asian Private Banker.

Pure play Julius Baer has hired a former Citi banker to cover the China market.  Nini Wang has joined the Swiss private bank in Hong Kong as a relationship manager covering China – a market that is increasingly important to Julius Baer’s regional strategy.  Prior to this role, Wang spent over three years with Citi Private Bank, also covering the […]

The post Julius Baer hires former Citi banker to cover China market appeared first on Asian Private Banker.

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 […]

The post Julius Baer CEO North Asia retires, replacement named appeared first on Asian Private Banker.

Julius Baer has hired a former UBS Wealth Management banker to oversee the bank’s special clients segment. Alberto Martinelli is Julius Baer’s new managing director, senior adviser and head of special clients. Prior to this, Martinelli was at UBS Wealth Management for 15 years. He has also worked at Ticino’s Corner Bank. His hire comes shortly after Julius Baer named […]

The post Julius Baer nabs former UBS WM banker appeared first on Asian Private Banker.

The former Indonesia team market leader for Credit Suisse Private Bank has joined Julius Baer as head of private banking, Southeast Asia (SEA). Julius Baer has appointed Torsten Linke as new head, Private Banking, SEA, and branch manager Singapore, the bank said this morning, subject to regulatory approval. David Lim, who has previously held these positions, will become vice chairman, […]

The post Julius Baer names new SEA private banking head appeared first on Asian Private Banker.

This article first appeared in Issue 91 of Asian Private Banker’s monthly print magazine, published in the first week of September 2015.   I almost did it. Write an entire edition of The Scoop without mentioning Julius Baer, that is. Almost. And then Boris Collardi dips into his Credit Suisse address book and taps Jimmy Lee for the bank’s most […]

The post The Scoop with Shruti Advani: Change is constant appeared first on Asian Private Banker.

It’s time for a midyear review of the industry. Asian Private Banker takes a look at the top five defining moments not just across the private banking board, but also in the specific niches of Products, Regulations, Technology and People Moves. We look at people moves in this article. A new wave of Asia leadership at HSBC Private Bank Few weeks after HSBC’s […]

The post APB Midyear Review – People Moves appeared first on Asian Private Banker.

Why Jimmy Lee? Julius Baer’s global chief executive Boris Collardi highlights market familiarity, regional commitment and external neutrality as reasons to bring in the former Credit Suisse private banker to head what will become the business’ second largest market. Collardi spoke to this publication following the announcement of Jimmy Lee’s appointment as head of Asia Pacific for Julius Baer. While […]

The post Julius Baer CEO doesn’t want to “fly in an expat [to Asia] who will come and go in two years” appeared first on Asian Private Banker.

After more than a decade with Credit Suisse, an industry veteran has joined Julius Baer to head its Asia division. Jimmy Lee will join Julius Baer on 1 October 2015 and become the new Asia Pacific head as of 1 January 2016. He will replace Dr Thomas R. Meier who will return to Switzerland to become a non-executive vice chairman […]

The post Julius Baer names Asia Pacific head appeared first on Asian Private Banker.

A banking veteran of over 25 years of experience has resigned as Credit Suisse’s Hong Kong group head, two years after moving from Singapore to take on the role. Jimmy Lee resigns after being appointed as market leader for Greater China in mid-2013. When contacted, a spokesperson for the bank declined to comment. Lee first joined Credit Suisse as part […]

The post Credit Suisse’s Hong Kong head resigns appeared first on Asian Private Banker.

After growing its business in Asia and boosting its assets under management (AUM) by 7% to reach US$131 billion in 2013, Swiss major, Credit Suisse seems intent on expanding its footprint in the region with the appointment of a former UBS deputy regional market manager for Greater China. Angie Ma joins the Zurich-headquartered bank as managing director, sector head and […]

The post Credit Suisse hires former UBS deputy manager for Greater China appeared first on Asian Private Banker.

Following his resignation from Credit Suisse on February 17, a Greater China team leader at the bank is set to resurface in a senior role at a Chinese bank with ambitious plans for its private banking business. Joseph Tam, who managed a team of nine relationship managers in Hong Kong, had been with the Swiss bank since 2012. Prior to […]

The post Heard on the Street: Credit Suisse team leader set to resurface in senior role at local bank appeared first on Asian Private Banker.

Credit Suisse has officially announced the appointment of its new Malaysia market leader, a hire originally reported by Asian Private Banker in September last year. Marcus Slöör joins from Swiss rival UBS Wealth Management in Zurich, to lead a team of private bankers in Singapore who will focus on servicing Malaysian high net worth and ultra-high net worth clients. Slöör […]

The post Credit Suisse confirms new Malaysia market leader appeared first on Asian Private Banker.

Management changes at Credit Suisse continue as the Swiss major loses a team leader from its Hong Kong frontline. Michael Yong-Haron leaves Credit Suisse after ten years with the bank. Before joining Credit Suisse in 2004, Yong-Haron worked for Crédit Agricole Indosuez for seven years. He was promoted to sector head for Hong Kong just last month and reported to […]

The post Credit Suisse loses Hong Kong team head appeared first on Asian Private Banker.

Although it will not make an announcement until the day he starts work, Credit Suisse has made yet another senior hire to its North Asia team. Rickie Chan, who was until recently Hong Kong market head at Barclays, has been hired by the Swiss major as market leader Greater China, part of an aggressive build-out of its presence in North […]

The post Credit Suisse starts the year with a bang, hires new market leader Greater China appeared first on Asian Private Banker.

Following former Malaysia market leader, Jimmy Lee’s relocation to Credit Suisse’s Hong Kong offices as its new Greater China market leader, Credit Suisse has announced the appointment of a 13-year veteran UBS banker, to fill the vacancy. Marcus Slöör joins Credit Suisse as a managing director and its new Malaysia market leader to replace the vacancy left by Lee, according […]

The post Credit Suisse appoints UBS private banker from Zurich to Malaysia role appeared first on Asian Private Banker.

Credit Suisse has found its new market leader for Greater China Team A, swiftly filling the void left by the departure of erstwhile head, Vivian Chan. Asian Private Banker can confirm that Jimmy Lee, currently Credit Suisse’s Singapore-based market leader Malaysia, has relocated to Hong Kong to take on the new role after Chan left the Swiss major to join […]

The post Credit Suisse fills vacancy left by Vivian Chan’s departure appeared first on Asian Private Banker.

Credit Suisse continues to bolster its presence in the region with the addition of three managing directors to its private banking team in Asia. Song Kun has been appointed as managing director and senior client partner for Greater China at the private bank, reporting to Anna Wong, market area head, Greater China. Prior to her new role, Song was managing […]

The post Credit Suisse adds three managing directors to its Asia-Pacific team appeared first on Asian Private Banker.

Clariden Leu, the boutique-wealth manager that operates under the aegis of Credit Suisse, has appointed five senior executives to its team for the South East Asia region. As managing director, Veny Teng will be responsible for overseeing a team of relationship managers for the South East Asia region. Prior to this appointment, Teng was a director at Deutsche Bank Private […]

The post Clariden Leu makes five senior appointments in South East Asia appeared first on Asian Private Banker.

Swiss-private bank Clariden Leu has sharpened its focus on the Greater China region and announced senior additions to its team in the region.  Harvey Li has been appointed as a senior relationship manager for the China. Li is in charge of client acquisition and managing Chinese client portfolios. Prior to joining Clariden Leu, he held senior roles at Pingan Trust […]

The post Clariden Leu beefs up presence in Greater China, hires two ex-UBS bankers appeared first on Asian Private Banker.

Jimmy Lee, Clariden Leu’s Asian head, was quoted recently in Bloomberg as saying that the flurry of hiring announcements by regional private banks – where firms have been routinely talking about hiring hundreds of bankers in Asia – have made him want to “puke”. While vomit is not normally the image that wealth managers would want to associate with their […]

The post OPINION: Look at me, I’m hiring!!! appeared first on Asian Private Banker.

In 2006 Credit Suisse had a good idea. It decided to merge its four private banking subsidiaries (Clariden Bank, Bank Leu, Bank Hofmann and BGP Banca di Gestione Patrimoniale) and the securities dealer Credit Suisse Fides. In January 2007 the merger was completed and, lo, a new institution – Clariden Leu – came into being. Credit Suisse, which owns 88% of […]

The post Merge, purge and splurge appeared first on Asian Private Banker.