Private banks have been known to train their relationship managers (RMs) in all manner of things — from fine art, whiskey and wine — to understand and meet the needs of their wealthy clients. But what if this is all misguided, and RMs should really be trained in the arts of yoga, mindfulness and meditation? To get into the minds […]

The post “Longevity and mindfulness” now define modern Indian wealth — Kotak’s lux index appeared first on Asian Private Banker.

Private banks have long been striving to blend luxury elements into their value propositions, from issuing privilege credit cards offering exclusive access to high-end lifestyle experiences to tracking the cost of luxury living. Asian Private Banker recently sat down with Simon Tye, one of the region’s best-known experts on the luxury industry, to discuss the U/HNW spending trends that are set to define […]

The post Crazy rich Asians: How private banks can cash in on U/HNW luxury trends in 2025 appeared first on Asian Private Banker.

Home to 16 Michelin stars and luxury brands ranging from Louis Vuitton to Christian Dior, Hong Kong’s Landmark is a favourite hangout among private bankers (and their clients) when it comes to dining, shopping and nightlife. The luxury and lifestyle destination, set in the city’s Central district, is now set to receive a US$1 billion makeover that could elevate it […]

The post Hong Kong’s Place Vendôme? Private bankers’ top hangout to get US$1bn facelift appeared first on Asian Private Banker.

Despite the widely expected cooling of China’s economic growth, Julius Baer believes the Mainland remains the major driver of the global luxury goods sector and that it shows no sign of slowing. Bhaskar Laxminarayan, CIO and head investment management, Asia at Julius Baer, said at a press conference today that although there might be some shift between onshore and offshore […]

The post “Too early to call a pause” on Chinese HNWIs’ luxury spending: Julius Baer appeared first on Asian Private Banker.