In Taiwan’s burgeoning private banking scene, the most valuable currency isn’t just capital — it’s the relationship manager (RM).  As a late surge of local banks rushes to establish private banking arms, a bidding war has erupted for top-tier talent. While some competitors engage in a costly game of musical chairs, Cathay United Bank is bypassing the aggressive poaching wars. […]

The post Cathay United Bank bets on internal talent to dodge RM pay war appeared first on Asian Private Banker.

Cathay United Bank Private Banking (CUBPB) has become the first private bank in Taiwan to go live on BlackRock’s Aladdin Wealth as the wealth management industry rushes to digitise its services to keep pace with growing demand. Combined with a recently completed core system upgrade, the implementation is expected to strengthen the bank’s advisory capabilities and deliver a better client […]

The post Cathay United Bank taps BlackRock’s Aladdin Wealth in digital push appeared first on Asian Private Banker.

Asian Private Banker held the inaugural Taipei Global Wealth Summit this Tuesday, drawing more than 500 delegates for a day of high-level discussions on Taiwan’s fast-evolving financial landscape. In its inaugural edition, the summit comes at a time when Taiwan’s wealth management sector is undergoing a strategic transformation, supported by a wave of government reforms. It also coincides with a […]

The post APB debuts Taipei Global Wealth Summit amid AI-driven wealth surge appeared first on Asian Private Banker.

What are the first names that come to mind when considering financial hubs in Asia Pacific? Hong Kong, Singapore, Shanghai, Sydney, Tokyo? But could we be about to add… Kaohsiung to that list? If the Taiwanese government has anything to do with it, we might be. Emboldened by an artificial intelligence (AI) and semiconductor boom, and promising a series of […]

The post Deep Dive: Why cultural Kaohsiung could be the next frontier for wealth management appeared first on Asian Private Banker.

Taiwan’s Cathay United Bank (CUB) is leveraging the technology expertise of Avaloq to enhance operational efficiency and deliver tailored solutions to high-net-worth clients in its latest wealth push at the new asset management hub in Kaohsiung City. CUB is working closely with Avaloq to establish a new booking centre and operational base in Kaohsiung, aiming to deliver tailored private banking […]

The post Cathay United Bank taps Avaloq for Kaohsiung wealth push appeared first on Asian Private Banker.

Cathay United Bank Private Bank (CUB PB) is set to capitalise on the new asset management pilot zone in Kaohsiung to sustain its strong growth momentum this year, while also benefiting from expansion in its offshore businesses. “The whole team grew very strongly in 2024, and we still forecast maintaining double-digit growth in 2025,” Robert Fuh, CUB PB’s chief executive […]

The post Kaohsiung and offshore? Taiwan private bank eyes double-digit growth appeared first on Asian Private Banker.

Asian Private Banker is proud to present the launch of its Asia Markets 2023 AUM League Tables which track the growth story of private wealth management in Taiwan, Indonesia, the Philippines, Malaysia, and Thailand. Wednesday marks the launch of our Taiwan, Malaysia and the Philippines data, following the release of our Thailand and Indonesia data on Tuesday. According to our […]

The post APB Insights: Chip boom fuels Taiwan AUM growth despite looming geopolitics appeared first on Asian Private Banker.

Significant ETF inflows and the rapid development of the semiconductor industry are fuelling positive sentiment for Taiwan’s wealth market, industry experts told Asian Private Banker. A surge in demand for chips needed to fuel the global artificial intelligence boom has powered the island’s TAIEX index, one of the world’s best-performing stock markets in 2024, filling the coffers of Taiwan’s UHNW […]

The post Taiwan wealth market “impossible not to talk about” as AI boom fuels inflows appeared first on Asian Private Banker.

Taiwan’s Cathay United Bank Private Bank (Cathay United Bank PB) is doubling down on its Singapore business and is looking to increase its headcount in the Lion City, expecting strong fund inflows over the next 12 months. “Singapore will be our first priority,” Robert Fuh, CEO of Cathay United Bank PB, told Asian Private Banker, explaining the bank’s plans for […]

The post Top Taiwan bank doubles down on Singapore as chip boom fuels inflows appeared first on Asian Private Banker.

Cathay United Bank Private Bank (Cathay United Bank PB) is aiming to more than double its relationship management team to 100 by 2028, as it seeks to capitalise on a significant jump in AUM. “We currently have a total of 40 RMs across Taiwan, Singapore and Hong Kong. As we are having another record year in AUM growth, we will […]

The post Cathay United Bank PB to double RMs as AUM surges: CEO Robert Fuh appeared first on Asian Private Banker.

As a growing number of private banks up their bets on Taiwan, some local wealth management giants are going the other way: raising their regional ambitions. Cathay United Bank is exhibit A. The lender, a wholly-owned subsidiary of Cathay Financial Holdings, is a leading Taiwanese conglomerate with three growth engines: banking, insurance and asset management. In 2013, Cathay United Bank […]

The post Why Taiwan is a haven for private banks amid supply chain chaos appeared first on Asian Private Banker.

As market volatility prompts a higher demand for portfolio diversification, Cathay United Bank Private Banking (Cathay United PB) is offering its traditionally conservative clientele of Taiwanese U/HNWIs more customised solutions, focused on alternative assets and anti-inflation strategies. The private bank integrates the resources and expertise of its parent Cathay Financial Holdings, which is Taiwan’s largest financial holding company with a […]

The post Beyond selling products: CEO Robert Fuh on the evolution of Cathay United Bank PB appeared first on Asian Private Banker.

As Taiwan is pushing the growth of its wealth management with the relaxation of rules, Cathay United Bank is planning to create more synergies within its various business segments, in a bid to bring its offering on par with some of its foreign competitors. This May, the bank was among the second batch of domestic banks in Taiwan to receive […]

The post Bridging gap with offshore rivals through greater synergies of group resources: Cathay United Bank of Taiwan appeared first on Asian Private Banker.

Robert Fuh, CEO of Private Banking at Cathay United Bank, told Asian Private Banker that the bank is positive about sustained growth in its client base because of the immense “demand momentum for onshore private banking services”. The increased demand follows the enacting in August 2019 of favourable regulations aimed at luring offshore cash home. (Asian Private Banker estimates that […]

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