RBC Wealth Management (RBC WM) has made a raft of senior hires from rival banks to strengthen its Hong Kong team. Amanda Yeung has been appointed as a managing director and team head, according to a statement on Thursday. Yeung has over 25 years of wealth management experience. She joins RBC WM from China Construction Bank (Asia), where she was […]

The post RBC WM boosts Hong Kong bench with senior hires from rivals appeared first on Asian Private Banker.

Driven by a 50% year-over-year surge in structured products revenue during a blockbuster 2025, RBC Wealth Management is betting on “idea generation” to retain its competitive edge, Kin Lok Lee, head of structured products, Asia, told Asian Private Banker. Yet, even those heights look modest compared to the current momentum. Just five months into 2026, year-to-date inflows are already on […]

The post RBC WM sharpens “idea generation” edge as structured product revenues surge 50% appeared first on Asian Private Banker.

RBC Wealth Management is tapping rising demand for complex cross-border wealth planning, supported by its bank-owned trust infrastructure, as it expands in Asia’s wealth market. The Canadian wealth manager was among the most active hirers in Asia in 2025, with higher RM headcount and redesigned team structures that place greater accountability on team leaders. “If we drill down to wealth, […]

The post RBC WM grows RM ranks in Asia — scale or shift to advice-led banking? appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has hired two senior bankers from rivals to strengthen its South Asia coverage, Asian Private Banker has learnt. Based in Singapore, Sudarshan Athreya has joined the Canadian bank as a managing director and senior relationship manager covering the ultra high net worth segment for South Asia. Meanwhile, Sandesh Assao has joined the bank as an […]

The post RBC WM hires from BoS, BNP Paribas WM for South Asia coverage appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has made a senior hire to strengthen its South Asia business, Asian Private Banker has learnt. Based in Singapore, Abhijit Shetty has joined the Canadian bank as a managing director and team head for the global South Asia business. RBC WM confirmed the hire. Shetty has over two decades of experience in wealth management. He […]

The post RBC WM hires from StanChart to boost South Asia coverage appeared first on Asian Private Banker.

Asian Private Banker is proud to unveil our 2026 COO Focus, an annual audit of how the region’s largest wealth managers are recalibrating operations following a year of volatile market shifts and rapid technological adoption. Senior executives and thought leaders contributed to this year’s edition, including: Wiwi Gutmannsbauer, UBS Global Wealth Management; Benoit Douchin, HSBC Global Private Banking; Patrick Dreyfuss, […]

The post COO Focus: How Asia’s top private banks are rewiring the middle office appeared first on Asian Private Banker.

The post Private Banking Hiring Report 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.

RBC Wealth Management (RBC WM) has hired a team head in Hong Kong, continuing the Canadian bank’s recent string of hires. Raymond Cheung has been appointed as a managing director and team head at RBC WM, Asian Private Banker has learnt. Cheung is a private banking veteran with over two decades of experience. He was most recently a managing director, […]

The post RBC WM hires former Julius Baer team head in Hong Kong appeared first on Asian Private Banker.

RBC Wealth Management Asia has appointed a series of senior private bankers across Hong Kong and Singapore to strengthen its regional presence. Cherry Wang was appointed as an executive director in Singapore, the firm announced in a statement on Monday. With over 15 years of experience in private banking, Wang most recently worked for Julius Baer. She has also held […]

The post RBC WM appoints six more bankers in Hong Kong and Singapore appeared first on Asian Private Banker.

The market dynamics seen this year could mean that there is no longer a single one-size-fits-all playbook that fund selectors can refer to when choosing funds and speaking to clients. Amid ongoing geopolitical uncertainty, a declining US dollar, and the United States Federal Reserve announcing on 18 September interest rate cuts by 25 basis points in a bid to weather […]

The post FSN SG 2025: Citi, Morgan Stanley, and RBC’s portfolio allocation strategies amid rate cuts appeared first on Asian Private Banker.

The private banking hiring market picked up in July, with J.P. Morgan Private Bank emerging as one of the most discussed names among headhunters in APAC. Key industry hires in July include Francis Liu, former CEO, private clients, Asia at Lombard Odier, joining Nomura International Wealth Management as North Asia head, succeeding Rudolf Hitsch. BNP Paribas Wealth Management appointed two […]

The post Movers & Shakers: Decoding J.P. Morgan Private Bank’s hiring spree appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has deepened its private banking bench across its key Asia booking centres with a string of senior hires in Singapore and Hong Kong, as the Canadian bank continues to expand its footprint in the region. In Singapore, the bank appointed Wilson Khoo as a managing director. With over twenty years of experience serving mainland Chinese […]

The post RBC WM adds senior private bankers in Hong Kong and Singapore appeared first on Asian Private Banker.

This isn’t about the 1990s boy band that stole teenage hearts with chart-topping hits, though writing about them might stir up a few memories. But I’ll stop there. This post is about two banks making fresh moves across the headlines and social media. They’re not exactly newcomers or chart toppers, but Hong Leong Bank (HLB) and RBC Wealth Management (RBC […]

The post Bottom Line: New kids on the block – no, not the boy band appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) Asia has appointed a new COO for the region, effective 1 November, according to an announcement from the bank. Bee Leng Phua will take on the role, based in Singapore, succeeding Kamran Azim and reporting to Rod Ireland, head of WM Asia and head of global markets, APAC. She will work closely with the Asia wealth […]

The post RBC Wealth Management names COO for Asia appeared first on Asian Private Banker.

June saw a fresh wave of moves in Hong Kong, with RBC Wealth Management and J. Safra Sarasin leading key hires, joined by other firms across private banking and asset management amid a series of appointments and exits following May’s Middle East momentum. Key private banking personnel moves last month included Nick Yim, head of Private Wealth Management (PWM) for […]

The post Movers & Shakers: Inside RBC WM’s hiring game plan, J. Safra Sarasin steps up hiring appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has hired several senior private bankers in Hong Kong from UBS and other major private banks in the region, Asian Private Banker has learnt. The new hires will support clients in Mainland China, Hong Kong and Taiwan, and help expand the bank’s regional presence in Asia, the Canadian lender said in a statement on Tuesday. […]

The post RBC WM adds senior private bankers from larger rivals to Hong Kong team appeared first on Asian Private Banker.

Global markets have been shaken by US President Donald Trump’s blitz of tariffs on allies and adversaries alike, wiping trillions of dollars from the value of global stocks. Below, private bank investment leaders answer four key questions on what the Trump tariffs mean for client portfolios and beyond. What is Trump trying to achieve? Private banks and other market commentators […]

The post Trump’s trade war: PBs address four key questions appeared first on Asian Private Banker.

As next-generation clients take a more prominent role in wealth management, private banks are seeing a shift toward a preference for professional management. At the same time, some argue that next-gen clients’ tech-savviness does not necessarily translate to higher adoption of discretionary portfolio management (DPM). There is still significant work to be done in demonstrating the value of a long-term, […]

The post DPMLC 2025: Do next-gen clients want DPM? We ask Nomura, EFG and RBC WM appeared first on Asian Private Banker.

RBC Wealth Management Asia has appointed its COO as head of private banking for Singapore. In his new role, Kamran Azim will drive the development and execution of RBC’s private banking strategy in Southeast Asia, with a focus on growing its client base and deepening relationships across the region. He relocated to Singapore in late 2022 as COO for wealth […]

The post RBC WM names Asia COO as Singapore private banking head appeared first on Asian Private Banker.

The North Asia market head for RBC Wealth Management in Singapore has resigned from the bank, Asian Private Banker can reveal. Singapore-based Shaun Lim, managing direct and market head for North Asia, has decided to exit the Canadian lender after less than three years, multiple sources confirmed to Asian Private Banker. RBC Wealth Management declined to comment. Lim joined the […]

The post RBC WM’s Singapore-based North Asia market head resigns appeared first on Asian Private Banker.

Since taking up the mantle of Asia head late last year, Rod Ireland has had his hands full managing RBC Wealth Management’s (RBC WM) business in the region while still retaining the role of head of global markets for APAC. The Australian was appointed as the permanent head of Asia for RBC WM in December last year following Terence Chow’s […]

The post Inside Rod Ireland’s Asia strategy for RBC Wealth Management appeared first on Asian Private Banker.

With the US election hotting up, RBC Wealth Management (RBC WM) believes individual investors should avoid being tempted to make drastic changes to their portfolios based on election outcomes, and instead stick to a long-term investment strategy. This week, Democratic candidate Kamala Harris and Republican candidate Donald Trump conducted their first televised debate. According to a Reuters poll, current US […]

The post RBC WM: Don’t let US election tempt drastic portfolio decisions appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has hired several Credit Suisse veterans for its Singapore and Hong Kong teams, the bank announced on Monday. In Singapore, Daniel Soo will be RBC’s managing director and market head. With 28 years of experience covering Southeast Asia and Greater China markets, Soo joins from UBS, where he was also managing director and market team […]

The post Credit Suisse bankers resurface at RBC WM in HK and SG appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has hired a market head in Singapore from UBS Global Wealth Management (UBS GWM), Asian Private Banker has learnt. Daniel Soo has recently joined the Canadian private bank as a managing director and market head, according to a personal LinkedIn update. Before that, Soo was a managing director for over eight years at Credit Suisse. […]

The post Former UBS market team head in Singapore joins RBC WM appeared first on Asian Private Banker.

Two former Credit Suisse bankers in Hong Kong are joining new shops, Asian Private Banker has learnt. Joe Lau, the former Credit Suisse Hong Kong Greater China team leader is moving to RBC Wealth Management (RBC WM) as team head, sources told Asian Private Banker. Lau will report to Victor Chao, a former Credit Suisse Greater China market leader who […]

The post Two Credit Suisse Hong Kong bankers resurface at new shops appeared first on Asian Private Banker.

Asian Private Banker is proud to present our inaugural COO Focus. This specially curated feature gathers the views and analysis of the regional private banking industry’s leading operational chiefs, on everything from what keeps them up at night when it comes to compliance, to the future of the work-from-home trend, to the next wave of digitalisation. You can read the […]

The post What’s keeping private bank COOs up at night? appeared first on Asian Private Banker.

“One should not invest in China.” This view, offered by Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Group’s wealth-management business, is exactly the sort Beijing hoped to dispel at this week’s National People’s Congress. So far, the China sceptics may be feeling more vindicated than the bulls. Granted, Mossavar-Rahmani made her comments to Bloomberg on 4 March, a day […]

The post “One should not invest in China”: But will Two Sessions convince PBs otherwise? appeared first on Asian Private Banker.

From the reshuffling of leadership roles across the private banking industry to wholesale changes in the competitive landscape, 2023 was characterised by heavyweight hirings in Asia Pacific. The Credit Suisse-UBS merger resulted in many of the former’s bankers jumping ship, creating some of the most impactful appointments of the year. From long-time Credit Suisse heavyweight Jin Yee Young joining UBS via Deutsche Bank […]

The post The biggest Hong Kong, Singapore private bank hires of 2023 appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has appointed a permanent head of its Asia business following the departure of Terence Chow earlier in the year. The private bank said on Wednesday that Rod Ireland would be Chow’s permanent successor after taking on the role in an interim capacity in August. He will retain his role as head of global markets for […]

The post RBC Wealth appoints permanent head for Asia business appeared first on Asian Private Banker.

It has been a busy 2023 for Asia’s private banking headhunters, and the most recent quarter showed no signs of slowing down. The period from July to September was characterised by heavyweight people moves in the region, from CEOs, to market heads, to veteran RMs. While the integration of Credit Suisse into UBS continued to be a source of major […]

The post Revealed: The biggest Asian private bank people moves of 3Q23 appeared first on Asian Private Banker.

With foreign investors’ aversion to China now a defining market narrative of 2023, private banks confront a daunting question: Is Asia’s biggest economy the next financial crisis hotspot or a buying opportunity? Global investors are pulling out of China at a record pace. From a December 2021 peak, foreign holdings of equities and debt plunged by nearly US$190 billion, or […]

The post The US$190bn question for private banks: Is China cheap enough to buy? appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has made a number of RM hires from Credit Suisse in Asia, adding its name to the roster of banks that have been picking up talent and client books from the beleaguered Swiss lender. The Canadian private bank said on Monday that it had hired Kenny Ng in Hong Kong, and Charles Hsu, Denise Toh […]

The post RBC WM makes Asia hires from Credit Suisse appeared first on Asian Private Banker.

RBC Wealth Management has appointed an interim head of Asia to replace Terence Chow, who recently departed the bank. The Toronto-based lender said on Monday that Rod Ireland had taken up the role in addition to his current responsibilities as head of global markets, Asia Pacific, for RBC Capital Markets. He replaces Chow, who Asian Private Banker revealed had abruptly […]

The post RBC WM appoints interim Asia head appeared first on Asian Private Banker.

RBC Wealth Management’s (RBC WM) Asia CEO has departed his role, Asian Private Banker understands. Hong Kong-based Terence Chow, who held the position for almost four years, was leaving the Canadian lender effective immediately, several people familiar with the matter said. No reason has been given for the departure of Chow, who joined RBC in 2005 and has held a […]

The post RBC Wealth Management Asia CEO departs appeared first on Asian Private Banker.

Much of what Asian wealth managers thought they knew about the globe’s two largest economies in 2023 is steadily going awry. The US economy’s pivot toward recession has yet to materialize. And, more importantly for the region, China’s much-hyped post-COVID boom is looking more like a series of pops. “China’s recent economic data show an uneven economic recovery,” Jasmine Duan, […]

The post China’s muted COVID rebound a disappointment for private bankers appeared first on Asian Private Banker.

Hong Kong-based wealth manager Rockpool Capital has named an ex-Morgan Stanley banker to lead its multi-family office business in Asia. Based in Hong Kong, Nick Chan will drive Rockpool Capital’s multi-family office strategy and help support its intergenerational client base across the region. Chan’s most recent role was as head of sales Asia at RBC Wealth Management (RBC WM). He […]

The post Rockpool Capital hires ex-RBC Wealth exec to head Asia MFO business appeared first on Asian Private Banker.

Risks emanating from the Bank of Japan (BOJ) are becoming a bigger blip on private bankers’ radar screens in 2023, and fast. In the six days since Kazuo Ueda took over as BOJ head, many global investors saw reason to let down their guards. In recent weeks, as Haruhiko Kuroda ended a 10-year stint as governor, markets braced for an […]

The post Is this the surprise risk that could shake up private bankers’ 2023? appeared first on Asian Private Banker.

RBC Wealth Management has made new hires in Asia to bolster its investment solutions and product capabilities. Tan Yuh Harn joined RBC Wealth Management in January as managing director, head of Discretionary Portfolio Management and UHNW solutions. Based in Singapore, he reports to Juan Aronna, head of Investment Solutions & Products, Asia. Prior to joining RBC Wealth Management, he was […]

The post RBC Wealth Management makes key hires in Asia to bolster investment solutions appeared first on Asian Private Banker.

This week: China reopening plays that RBC WM likes; Interest rates to narrow in 2023: J.P. Morgan Asset Management; China to rebound sharply in March: Morgan Stanley China reopening plays that RBC WM likes As China rapidly pivots away from its hardline COVID-zero policy, RBC Wealth Management (RBC WM) has singled out sectors including e-commerce and casinos as likely outperfomers […]

The post CIO weekly – RBC WM is betting on a rebound for Macau casinos appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) Asia’s head of sales has left the bank after about one year in the role, Asian Private Banker can reveal. Nick Chan, who joined RBC WM in December 2021, is no longer with the Canadian lender, according to an update on his personal LinkedIn profile. Chan’s remit upon his appointment was to drive the bank’s […]

The post RBC WM’s Asia head of sales departs appeared first on Asian Private Banker.

HSBC Global Private Banking (HSBC GPB) believes 2023 will be year of “looking for silver linings” and is overweight on investment-grade bonds across all regions. “Almost all asset classes have repriced substantially since the start of 2022. However, long-term expected returns have improved notably across all asset classes after the broad-based market sell-off in 2022,” according to Fan Cheuk Wan, […]

The post 2023 will offer opportunities in IG bonds and China: HSBC GPB and RBC WM appeared first on Asian Private Banker.

RBC Wealth Management (RBC WM) has appointed a new chief operating officer for Asia. Kamran (Kam) Azim moved to Singapore to take on the new role on November 1. Reporting to Terence Chow, CEO of RBC WM Asia, he will also be deputy CEO for the RBC Singapore branch. Azim will have regional responsibility for developing and implementing strategic growth […]

The post RBC WM appoints new COO for Asia appeared first on Asian Private Banker.

The US market has been anything but dull of late. But even if — following better-than-expected 2Q22 earnings — the market finds more support in the near term, RBC Wealth Management (RBC WM) believes that investors should stay vigilant and maintain a neutral exposure to US equities. RBC WM recommends holding a market weight (neutral) exposure to US equities, as […]

The post Too soon to be overweight US stocks: RBC Wealth Management appeared first on Asian Private Banker.

Global equities remain expensive despite their meltdown during the opening months of 2022, and markets are unlikely to reclaim their highs in 2H22, according to private bank investment strategists in Asia-Pacific. The MSCI World and S&P 500 indices have both fallen just over 20% year-to-date, meeting the technical definition of a bear market, as investors have offloaded risky assets in […]

The post Where now for beaten-down equities and bonds in 2H22? Private banks have their say appeared first on Asian Private Banker.

RBC Wealth Management considers wealth planning as an “educational journey”, during which clients learn and discover the meaning of wealth planning. This approach to wealth planning sets RBC WM apart from other banks, that see wealth planning as a solution-driven service, explained Vivian Kiang. Some banks may immediately lead clients into setting up a trust structure, a will, or insurance […]

The post RBC WM sees wealth planning as a journey of discovery: Vivian Kiang appeared first on Asian Private Banker.

Private banks and asset managers in Asia-Pacific are adding exposure to dividend-paying equities, private credit and US dollars as they seek to make portfolios more diversified and less sensitive to inflation amid volatile markets. Global equity and bond markets have been pummelled in the opening months of 2022 by surging inflation, rising interest rates and geopolitical strife, prompting investors to […]

The post Three ways private banks are defending clients against inflation appeared first on Asian Private Banker.

RBC Wealth Management on Wednesday announced four senior hires in Hong Kong and Singapore and the retirement of its Southeast Asia head. Michael (Mike) Reed, the head of wealth management for Southeast Asia, will retire from the bank in mid-June. He has been with the Canadian lender for 22 years, covering several roles across the US, UK, Hong Kong, and […]

The post RBC WM appoints four private bankers as Southeast Asia head retires appeared first on Asian Private Banker.

RBC Wealth Management believes that its proprietary approach to tactical asset allocation is helping its discretionary mandates to nimbly adapt to fast-changing market conditions. The hedging strategy, which the Canadian bank calls ‘Trident’, allows its mandates to quickly shift between asset classes based on risks ranging from rising interest rates to geopolitical tensions. “This allows us to move fast on […]

The post DPM Corner – “Trident strategy” is our secret weapon: RBC WM’s Juan Aronna appeared first on Asian Private Banker.

The conflict between Russia and Ukraine and its economic fall-out have rocked capital markets around the global and could have a significant impact on the portfolios of private bank clients. Among the most affected asset classes, at least in the short-term, are commodities including oil and gas, as well as European and emerging markets (EM). While some market participants are […]

The post Here is what the Russia-Ukraine conflict means for private clients’ portfolios appeared first on Asian Private Banker.

This is a sponsored article from Royal Bank of Canada. Frédérique Carrier, head of Investment Strategy, RBC Wealth Management Much as technology swept away small workshops and expedited the establishment of large factories in the 19th century, advancements over the past few decades are changing the nature of work. The proliferation of connectivity and the fast, cheap exchange of large […]

The post Technology makes growth inclusive appeared first on Asian Private Banker.

 Juan Aronna, Managing Director, Head of Investment Solutions & Products, RBC Wealth Management Asia & International, looks to the year ahead to discuss opportunities in sustainability and technology. He shares his views on the potential of technology to democratise access to the future economy.

The post APB Thought Leaders: Royal Bank of Canada’s Juan Aronna on SusTech to Drive Diverse and Inclusive Opportunities appeared first on Asian Private Banker.

The technology sector may have enjoyed short term momentum last year, but private banks remain cautious about Chinese technology stocks. “We believe regulatory risk will remain a key overhang for Chinese technology stocks in 2022, despite their attractive valuation,” John Woods, APAC CIO at Credit Suisse told Asian Private Banker. China experienced a major sell-off in tech stocks in 2021 […]

The post Attractive valuations don’t offset the risks: PBs sound warning on Chinese tech stocks appeared first on Asian Private Banker.

By focusing on serving Asia’s global families, RBC Wealth Management has found its niche in the saturated private banking market in Asia. “Historically, we didn’t do a good enough job at exporting the strengths of RBC to Asia,” Terence Chow, CEO for RBC WM Asia, told Asian Private Banker. “We tried to build a private bank that was Asia-specific, competing […]

The post Serving Asia’s global families gives RBC WM an edge in Asia’s PB market: Terence Chow appeared first on Asian Private Banker.

RBC Wealth Management on Monday announced two senior management appointments in Asia. Ignatius (Iggy) K.K Chong, the previous head of private banking, greater China, has been appointed head of enterprise private clients for Asia. In the newly created role, Chong will oversee the coverage of UHNW clients’ financial needs across regional geographies and products. He will lead initiatives with the […]

The post RBC WM announces two senior appointments appeared first on Asian Private Banker.

This week: DBS Private Bank: Gaming, chips, and big tech are winners in the metaverse; UBS: China tech giants have shown investors their resilience to the regulatory shake-up; RBC Wealth Management: Better US-China ties bode well for valuation multiples of Chinese equities; Bank of Singapore: Powell’s renomination removes uncertainty about Fed decision-making DBS Private Bank: Gaming, chips, and big tech […]

The post CIO Weekly – Gaming, chips, and big tech are winners in the metaverse: Daryl Ho of DBS Private Bank appeared first on Asian Private Banker.

US inflation may have reached its highest level in over 30 years but the equity markets seem to shrug off any concerns. In a report titled Why is the market largely unfazed by inflation?, RBC Wealth Management explores what could make inflation become a problem for the equity markets. Regardless whether or not US inflation is really “transitory” — as […]

The post Inflation pressures may stay “uncomfortably elevated” for the next couple of years: RBC WM appeared first on Asian Private Banker.

The surprise default on a dollar bond traded offshore by Fantasia Holdings Group Co., is putting already jittery investors on tenterhooks into the weekend. With revenue not even one-tenth that of the China Evergrande Group and a US$12.9 billion debt that is dwarfed by Evergrande’s more than US$300 billion obligations, Fantasia’s reluctance to pay up US$206 million to bondholders on […]

The post “Common prosperity” can’t be achieved at the cost of precipitating a financial crisis: John Woods of Credit Suisse appeared first on Asian Private Banker.

RBC Wealth Management on Wednesday announced two senior appointments for its relationship management team in Hong Kong. Fenny Chan and Angela Chow have joined the Canadian lender’s private banking team as directors. In their new roles, the duo will support H/UHNW clients in the region. Chan and Chow will focus on the bank’s strategy of working with families in Greater […]

The post RBC makes senior appointments for its private banking team in Hong Kong appeared first on Asian Private Banker.

 Jasmine Duan, Investment Strategist at RBC Wealth Management, Asia, discusses the key building blocks to Smart Cities and how Asia’s cities are reinventing themselves through innovative technologies. The rise of the “smart” solution brings light to the potential for growth opportunities in sustainable technology.

The post APB Thought Leaders: The Rise of Smart Cities – Redefining Innovation with Royal Bank of Canada appeared first on Asian Private Banker.

This week: RBC Wealth Management: China regulatory reset will continue to be an overhang; Credit Suisse urges investors to stay nimble and selective on Chinese stocks; VP Bank advises tactical positioning as the Evergrande saga pans out RBC Wealth Management: China regulatory reset will continue to be an overhang With a major shareholder of China Evergrande considering selling out of […]

The post CIO Weekly – Beijing’s regulatory reset will continue to be an overhang: Toh Tat Wai of RBC WM appeared first on Asian Private Banker.

RBC Wealth Management has appointed four senior bankers in Hong Kong to better serve the bank’s pool of HNW and UHNW clients in the region. Vincent Cheng, Ellis Lau, Leo Zhang and Yoon Tae-Jung have joined the bank’s relationship management team in Hong Kong as directors. They will focus on serving clients in the region who have ties globally — […]

The post RBC Wealth Management hires four senior RMs in Hong Kong appeared first on Asian Private Banker.

This week: RBC WM advises clients to “be patient” and let markets digest policy tightening news; BlackRock prefers inflation-linked bonds to nominal bonds as portfolio ballast; Standard Chartered Wealth Management: Raise Eurozone equities to preferred RBC WM advises clients to “be patient” and let markets digest policy tightening news: Markets in the region and elsewhere were trading in a holding […]

The post CIO Weekly – Featuring Jasmine Duan of RBC Wealth Management appeared first on Asian Private Banker.

This week: RBC Wealth Management: Opportunities in ‘Sustech’; Bank of Singapore: MAS in no hurry to tighten FX policy; Morgan Stanley: Execution risk for post-pandemic reopening RBC Wealth Management: Opportunities in ‘Sustech’ The intersection between sustainability and technology could provide “compelling long-term investment opportunities”, according to RBC Wealth Management, whose latest Global Insight note makes a case for companies whose […]

The post CIO Weekly – Featuring Frédérique Carrier of RBC Wealth Management appeared first on Asian Private Banker.

The takeaway from China’s annual political convention last week is that achieving quality, sustainable economic growth — with a clear emphasis on tackling financial risks— is the top of the agenda for the People’s Bank of China, economists contend. The week-long gathering of Chinese policymakers signalled a slow pull back fiscal and monetary stimulus throughout the year while maintaining positive […]

The post Banks weigh in on China’s “two sessions” as authorities set moderate growth targets appeared first on Asian Private Banker.

High-net-worth families in Asia have become increasingly multi-jurisdictional, and so has their wealth. While the trust structure remains the favoured vehicle for meeting the wealth planning needs of HNWIs, cross-border and tax issues may necessitate exploring more options in trust planning. A key complication arises when the founder generation of the family — living in Asia and generating most of […]

The post Cross-border and tax complications drive need for more sophisticated trust planning appeared first on Asian Private Banker.

While Greater China’s UHNWIs tend to maintain multiple banking relationships to support their activities across jurisdictions, RBC Wealth Management aims to bring these needs under one roof through its “enterprise client” offering. The Canadian lender has identified a high connectivity to Canada, the US, and the UK among its Greater China clients, with the level of global connectivity commensurate with […]

The post RBC WM accentuates UHNWIs’ global connectivity with “enterprise client” offering appeared first on Asian Private Banker.

RBC Wealth Management has added two fixed income specialists to the ranks of its investment advisory team in Asia, bidding to capture opportunities in the region’s fixed income market. Shawn Sim has been appointed head of fixed income advisory. In his new role, he is expected to grow the firm’s fixed income portfolio advisory services for clients across Asia. He […]

The post RBC Wealth Management hires duo for fixed income advisory appeared first on Asian Private Banker.

This week: RBC Wealth Management: Equities supported on rocky road to recovery; PBs: Tech sell-off is just a “technical correction”; UBS: China will see stronger recovery, credit growth, and elevated trade tension in 2H20; Standard Chartered PB: Recent equity losses create an entry opportunity; J. Safra Sarasin: Risk assets will benefit from low real yields RBC Wealth Management: Equities supported on […]

The post CIO Weekly – Featuring RBC Wealth Management’s Toh Tat Wai appeared first on Asian Private Banker.

RBC Wealth Management, the wealth management subsidiary of the Royal Bank of Canada (RBC), has hired two senior wealth planners in Asia, the bank announced today. Alvin Chiam has joined RBC’s Singapore team as wealth planner, advising HNW and UHNW clients on wealth planning and transfer matters in Singapore. He brings more than 15 years’ experience in trust and estate […]

The post RBC WM makes two senior wealth planning appointments in Asia appeared first on Asian Private Banker.

A swagger has returned to RBC Wealth Management in Asia. Armed with a clear value proposition and a dynamic new leader, the private bank is on a mission to show clients and the industry why it has a ‘right to win’ when it comes to ‘Asia’s global families’. Terence Chow, RBC Wealth Management’s Asia head sat down with Asian Private […]

The post RBC Wealth Management’s Terence Chow: “My mission is to amplify our story and execute our growth plan” 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 asks: If we can agree that effective private banking relies on the bank having a deep understanding of a client’s […]

The post Final Word 2019: How tech helps PBs to better understand clients 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 asks: How has your private bank responded to regulators’ increased emphasis on building proper banking culture? Albert Chiu, executive chairman, […]

The post Final Word 2019: PBs respond to regulators’ increased emphasis on bank culture 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 asks: What are the key investment themes that your private banking will focus on in 2020? Steven Lo, regional head […]

The post Final Word 2019: Major themes in which PBs will invest in 2020 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 asks: Productivity and efficiency matter more than ever in this environment. Over the past year, what key steps have you […]

The post Final Word 2019: How PBs achieved greater productivity and efficiency throughout the year 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.