Morgan Stanley’s Private Wealth Management (PWM) division in Asia recorded a revenue increase of over 20% in 2025, largely driven by ultra-high-net-worth (UHNW) clients, with assets under management (AUM) reaching new highs. Asian Private Banker spoke with Vincent Chui, head of wealth management for Asia Pacific, to understand the firm’s next steps. Chui said sustaining growth will depend on a […]

The post Vincent Chui’s Asia playbook for Morgan Stanley PWM’s next surge 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.

North Asia’s private banking sector is observing a “golden moment,” fueled by increasing market strength and clients seeking diversification, private banking leaders said at the Asian Private Banker Summit 2025 in Hong Kong. “It’s a rising tide in the markets. I think much of the work we have collectively put in as an industry over the last few years, along […]

The post APB Summit 2025: HSBC, UBP, Morgan Stanley PWM on North Asia’s ‘golden moment’ appeared first on Asian Private Banker.

Over 100 golfers braved the searing pre-typhoon heat at Clearwater Bay in Hong Kong on 18 September 2025, in support of The Clearwater Bay Golf & Country Club Morgan Stanley St. James’ Cup Charity Golf Tournament 2025. Despite the end-of-day thunderstorms and torrential rain that sent players and volunteers bolting back to the comfort of the 19th hole, St. James’ […]

The post Morgan Stanley champions giving back at St. James’ Cup Charity Golf Tournament 2025 appeared first on Asian Private Banker.

Morgan Stanley Private Wealth Management Asia (Morgan Stanley PWM Asia) has hired a raft of bankers since the start of the year, Asian Private Banker has learnt. The new hires are mostly vice president or executive director level and come from major wealth players in the region, including HSBC Global Private Banking, J.P. Morgan Private Bank, and Citi Private Bank. […]

The post Morgan Stanley hires raft of bankers for private wealth in Asia 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.

Asian Private Banker is proud to present Final Word 2024, our annual year-in-review segment that highlights all of the crucial issues occupying the minds of the top regional leaders from the likes of UBS Global Wealth Management, HSBC Global Private Banking and Morgan Stanley Private Wealth Management. Click here to read Final Word 2024 In this exclusive feature, top executives […]

The post Final Word: How private bank CEOs in Asia are gearing up to tackle 2025 appeared first on Asian Private Banker.

A record number of golfers and supporters turned out for the annual Clearwater Bay Golf & Country Club Morgan Stanley St. James’ Cup Charity Golf Tournament at The Clearwater Bay Golf & Country Club in Hong Kong on 19 September 2024 to celebrate the tournament’s 21st year and 6th year with Morgan Stanley as a title sponsor. With 27 flights […]

The post Record numbers for Morgan Stanley St. James’ Cup Charity Golf Tournament appeared first on Asian Private Banker.

Morgan Stanley Private Wealth Management (Morgan Stanley PWM) Asia hopes to hire 10 seasoned relationship managers (RMs) this year, as the bank continues to sharpen its focus on UHNW bankers with strong risk and asset management skills. The hiring market in 2024 turned relatively quiet for some large international private banks in Asia, particularly compared to 2021-2022 when most banks […]

The post Morgan Stanley PWM targets 10 experienced RMs for growing Asia business appeared first on Asian Private Banker.

With investors pivoting towards a surging US market, private banks in Asia with a strong US capability stand to increase their wallet share, Vincent Chui told Asian Private Banker. Chui, head of Morgan Stanley Private Wealth Management Asia, believes the bank’s US credentials and the support of its investment banking and research capability give it an edge in Asia. The […]

The post Vincent Chui: Morgan Stanley PWM benefits from Asia investors’ US pivot appeared first on Asian Private Banker.

Morgan Stanley has hired a new managing director (MD) for Private Wealth Management Asia (PWM), according to an internal memo seen by Asian Private Banker.  Edwin Lim will soon join the bank as managing director, sales manager in Hong Kong. He will also become a member of the Asia wealth management operating committee, focusing on expanding the bank’s client footprint […]

The post Morgan Stanley PWM Asia hires new MD, adds six senior RMs 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.

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.

2023 has been another challenging year for private banks. From the high interest rates environment to the shock merger of UBS and Credit Suisse, to the slower-than-expected growth in mainland China, CEOs in Asia Pacific shared how they navigated these and other challenges during the plenary panel discussion CEOs in Focus at the 13th annual APB Summit 2023 in Hong […]

The post UBS, Morgan Stanley, BNP Paribas CEOs reveal secrets of navigating a challenging 2023 appeared first on Asian Private Banker.

Fortune favoured the charitable on 7 September 2023, as the annual Morgan Stanley St. James’ Cup Charity Golf Tournament once again took centre stage at The Clearwater Bay Golf & Country Club in Hong Kong. St. James’ Settlement, one of Morgan Stanley’s long-term, non-profit partners in Hong Kong, and the bank welcomed over 100 clients, employees, and guests to this […]

The post Morgan Stanley St. James’ Cup Charity Golf Tournament raises funds to support underprivileged children appeared first on Asian Private Banker.

The hiring strategy for private banks this year has been about finding the right top talent and bringing in the right cultural fit. Here, Asian Private Banker explores the differing hiring strategies among private banks and highlights Asia’s top at-large private banking talents. Speaking to Asian Private Banker about the bank’s hiring plan, Vincent Chui, the head of Morgan Stanley Private […]

The post Revealed: The top Asian private banking talent looking for new roles appeared first on Asian Private Banker.

With rising wealth in Asia, private banks are presented with a strategic choice: focus on providing bespoke services to fewer ultra-high-net worth (UHNW) clients, or attempt to capture the mass affluent and early-stage HNW clients as their wealth increases. Asian Private Banker spoke to three banks – Citi Private Bank, Morgan Stanley and BNP Paribas – as they elucidated their […]

The post Private banks on mass affluent rush: Citi, Morgan Stanley, BNP Paribas have their say appeared first on Asian Private Banker.

Asian Private Banker honoured the winners of nearly 50 prestigious accolades at its Awards for Distinction 2022 at a glittering gala dinner in Hong Kong. The in-person event at Hong Kong’s J.W. Marriott, on Wednesday, was attended by more than 200 senior private bankers and other industry VIPs from not only the city’s private banking industry, but also from mainland […]

The post APB celebrates 2022 Awards for Distinction at gala dinner appeared first on Asian Private Banker.

Chinese markets have roared back to life in 2023 as the country has eased COVID-19 restrictions, but Morgan Stanley and other big investors think there could be even more gains to come. The Wall Street bank holds an overweight position on MSCI China within its overall bullish stance on Asia and emerging market equities. However, Morgan Stanley believes that investors […]

The post Morgan Stanley: Why the rally in China is not done yet appeared first on Asian Private Banker.

Morgan Stanley Private Wealth Management (PWM) Asia has bolstered its Greater China team with four hires in Hong Kong and Singapore, Asian Private Banker has learned. Sasha Zhao, Echo Hu and Sarah Si become relationship managers for Greater China coverage in Hong Kong. Zhao and Hu joined as executive directors, with Si named as a vice president. They all arrive […]

The post Morgan Stanley PWM Asia hires four new Greater China RMs 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 fairways of The Clearwater Bay Golf & Country Club were awash with talent on 4 August 2022, as the annual Morgan Stanley St. James’ Cup Charity Golf Tournament returned to Hong Kong. St. James’ Settlement — one of Morgan Stanley’s long-term non-profit partners in Hong Kong — together with the bank, welcomed over 100 clients, employees, and guests to […]

The post Morgan Stanley St James’ Cup Charity Golf Tournament raises over HK$900k appeared first on Asian Private Banker.

On 29 June, Asian Private Banker hosted a gala dinner in Hong Kong to celebrate the winners of the 2021 Awards for Distinction. The event, which was attended by about 120 senior professionals from the region’s biggest private banks and family offices, not only welcomed the victors from APB’s most recent awards programme but, more importantly, brought together the wider […]

The post APB marks 2021 Awards for Distinction with gala dinner appeared first on Asian Private Banker.

Keen on making inroads into a market dominated by local players, some of the world’s largest private banks have been bulking up their presence in the potentially lucrative China onshore market in a bid to tap the country’s vast pool of wealth. By the end of 2021, the size of investable assets held by HNWIs in China reached RMB 96 […]

The post Prospect of US$27T in China onshore wealth tantalises international PBs appeared first on Asian Private Banker.

In the first part of Asian Private Banker‘s exclusive interview with Vincent Chui, the head of Morgan Stanley Private Wealth Management Asia (Morgan Stanley PWM Asia) addressed how the Wall Street firm was adapting to challenges caused by inflation and the resurgence in COVID-19, and how it set out to lure the region’s best banking talent. In this follow-up piece, […]

The post The world according to Vincent Chui: Morgan Stanley PWM Asia’s head on Hong Kong, Common Prosperity and the onshore opportunity appeared first on Asian Private Banker.

An executive director-level relationship manager at Morgan Stanley Private Wealth Management Asia (Morgan Stanley PWM Asia) has resigned in order to return to her native Thailand, people familiar with the matter told Asian Private Banker. Pradinan Arkarachinores, who covered UHNW clients in the Thai market, joined Morgan Stanley PWMA’s Hong Kong office from Julius Baer in February 2019, according to […]

The post Senior RM for Thai market departs Morgan Stanley PWMA for family reasons appeared first on Asian Private Banker.

When Vincent Chui was crowned Private Banker of the Year at Asian Private Banker’s Awards for Distinction 2021, it was fresh from successfully navigating Morgan Stanley Private Wealth Management Asia (Morgan Stanley PWM Asia) and its clients through another turbulent year for markets. Despite China’s abrupt clampdown on its tech giants and a meltdown in high-yield bonds, the US lender’s […]

The post The world according to Vincent Chui: Morgan Stanley PWM Asia’s head on inflation, Omicron and how to hire RMs appeared first on Asian Private Banker.

Many private banks are eager to expand their front office teams in view of the growing wealth creation in Asia. However, banks’ expansion plans in the past 12 months have been hampered by stringent quarantine measures in Hong Kong and mainland China, in addition to the relatively shallow private banking talent pool in Singapore. Asian Private Banker reached out to […]

The post Four PBs explain recruitment and retention strategies, differ on non-traditional hires appeared first on Asian Private Banker.

Morgan Stanley Private Wealth Management Asia has announced the retirement of the current co-head of sales for Greater China, according to an internal memo seen by Asian Private Banker. Vivien Webb will retire from the firm and the private banking industry in 1Q22. She started her private banking career in 1986 and joined Morgan Stanley PWM Asia in 2014. Webb […]

The post Morgan Stanley PWM Asia co-head of Greater China sales to retire, four business heads appointed appeared first on Asian Private Banker.

The heads of the leading private banks in Asia believe that onshore markets can provide the next major opportunities for their businesses, but they differ on how best to navigate the region’s domestic wealth landscape. “Today, a lot of people are talking about wealth from an offshore perspective, but we believe wealth is fundamentally domestic,” François Monnet told attendees at […]

The post Onshore markets offer great opportunities, if you know how to unlock them: Asia PB CEOs appeared first on Asian Private Banker.

The head of Asia wealth management of Morgan Stanley has named “people, technology, regulations” as key concerns for business growth, while expressing optimism that the UHNW client segment will sustain its “secular growth”. One of the “supply-side” challenges faced by the US lender is the difficulty of sourcing quality talents, Vincent Chui shared with Asian Private Banker. “We have to […]

The post “People, technology, regulations” are top concerns: Vincent Chui of Morgan Stanley appeared first on Asian Private Banker.

 Vincent Chui, Head of Asia Wealth Management of Morgan Stanley and Chief Executive of Morgan Stanley Bank Asia Limited, discusses the bank’s market positioning in Asia’s ultra-high-net worth client segment, the Firm’s approach to risk and his prioritization on people, technology and regulation.

The post APB Thought Leaders: Morgan Stanley’s Vincent Chui on the private bank’s value proposition for clients and talent appeared first on Asian Private Banker.

The Morgan Stanley St. James’ Cup Charity Golf Tournament made a welcome return to the Clearwater Bay Golf & Country Club in Hong Kong on 6 August 2021. The event was hosted by St. James’ Settlement, one of Morgan Stanley’s long-term non-profit partners in Hong Kong. Almost 100 participants — Morgan Stanley clients, employees, and guests invited by St. James’ […]

The post Industry out in support of charity for Morgan Stanley Golf Day appeared first on Asian Private Banker.

Vincent Chui, Head of Asia Wealth Management of Morgan Stanley and Chief Executive of Morgan Stanley Bank Asia Limited, discusses what it takes to be an integrated platform, his strategic agenda for the China market, hiring plans and investment themes for the year.

The post APB Thought Leaders: Morgan Stanley’s Vincent Chui on PWM Asia’s strategy and hiring plans appeared first on Asian Private Banker.

Risk assets have continued to gain and set new records in 2021 on the premise of a global bounceback from the fallout of the COVID-19 pandemic. However, investment professionals are advising caution, especially for investors who may have missed out on the rally in 2020 and are thinking of dipping their toes into the wild ride that has been witnessed […]

The post Optimistic valuations prompt caution for 2021 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.

While COVID-19 came as a major disruption to the private banking industry, private bank CEOs concurred that the industry has navigated the pandemic with a mix of circumspection and satisfaction. Certain trends arising from the disruption will be here to stay, they perceived, potentially changing or reversing some fundamental rules as we know them. Speaking at Asian Private Banker’s Leaders […]

The post Many “cardinal rules” in private banking no longer apply in the wake of COVID-19 appeared first on Asian Private Banker.

To excel in the ultra high net worth space, private banks often need to be able to provide complex and customised solutions which, for integrated banks, can mean working closely with other divisions, including IBD and AM. During the APB Leaders Week Webinar Series: The Art of Execution, Benjamin Cavalli, managing director, head of private banking South Asia and Singapore CEO, […]

The post Credit Suisse’s Benjamin Cavalli and Morgan Stanley’s Vincent Chui on the art of integrated banking appeared first on Asian Private Banker.

Morgan Stanley Private Wealth Management is aiming to double the size of its loan book in Asia on the back of enhancements the bank will make to its lending offering this year. Plans are in place to expand the types of collateral that clients can pledge for financing and to provide leverage to clients investing in hedge funds, at a […]

The post Morgan Stanley PWM’s Chui focused on lending in 2020, will offer ‘rational’ leverage for hedge fund 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 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.

Over HK$600,000 was raised for the Grant-in-aid Brighten Children’s Lives Service of St James’ Settlement in Hong Kong at this year’s Morgan Stanley St James’ Cup Charity Golf Tournament — an annual event sponsored by Morgan Stanley Private Wealth Management Asia which drew a field of 100 players including clients and employees of the bank and partners and friends of […]

The post Morgan Stanley St James’ Cup Charity Golf Tournament raises HK$600k appeared first on Asian Private Banker.

Prescient market views and ideas are what attract clients and partners of Morgan Stanley to its Asia Pacific Summit in Singapore — an annual fixture that in 2018 drew north of 3,000, including 1,300 investors and 400 corporates, underscoring the event’s status as a Mecca for those with an eye firmly on China and searching questions amid current uncertainties. That’s […]

The post Morgan Stanley PWM flexes research muscle, ideas amid Asia expansion 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: 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.

While Asia’s HNW investors were generally slow to participate in a global equity rally that has sustained throughout 2017, the same cannot be said for Morgan Stanley’s private clients who the bank says have benefited from its bullish China stance since the beginning of the year. Unlike other houses that have now fallen in line with Morgan Stanley’s positive view […]

The post Morgan Stanley’s PWM clients reap benefits of bank’s ‘early’ bullishness on China appeared first on Asian Private Banker.

Morgan Stanley is, of course, a household name in Asia. Its private wealth management business, though a small part of the firm, is important insofar as its clients touch across the full spectrum of the bank. Asian Private Banker sits one-on-one with straight-shooting Vincent Chui, who heads Morgan Stanley’s Asia PWM business, to discuss China, the firm’s competitive strengths (and weaknesses) […]

The post Straight Talk: Vincent Chui, head of Asia institutional equity distribution & PWM, Morgan Stanley 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 technology in 2016 and the year to come.) How important is it that tech […]

The post The Final Word: Technology 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 investment products and services trends in 2016 and the year to come.) Client appetite for equities remains […]

The post The Final Word: Investment products and services 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.) Given this year’s downturn in transactional activity, how […]

The post The Final Word: Business performance 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.

Against the backdrop of challenging market conditions and muted client activity, Morgan Stanley’s global wealth management unit registered a drop of 4.3% in revenues for the year ending 2015. The wealth management division of the American lender posted losses across the board. Its net revenues were down 2% in the first quarter of 2016 and 4% year-on-year to US$3.67 billion. […]

The post Morgan Stanley Wealth Management revenue falls 4.3% appeared first on Asian Private Banker.

The second of a two-parter, in which top private banking heads talk to Asian Private Banker about key issues in 2015 and 2016. (This article first appeared in Issue 94 of Asian Private Banker’s monthly print magazine, published in the first week of December 2015.) Standard Chartered Private Bank – Michael Benz, global head (MB, SC) (who has since stepped down from […]

The post The Final Word (2): On Hiring and Client Trends appeared first on Asian Private Banker.

The first of a two-parter, in which top private banking heads talk to Asian Private Banker about key issues in 2015 and 2016. (This article first appeared in Issue 94 of Asian Private Banker’s monthly print magazine, published in the first week of December 2015.) Standard Chartered Private Bank – Michael Benz, global head (MB, SC) (who has since stepped down […]

The post The Final Word (1): On 2016 and Compliance appeared first on Asian Private Banker.

Nothing is more important than safeguarding the Morgan Stanley franchise, says the managing director and head of Asia Institutional Equity Distribution & Private Wealth Management, Morgan Stanley, citing compliance as the private banking operation’s top priority for 2016. (This article first appeared in Issue 94 of Asian Private Banker’s monthly print magazine, published in the first week of December 2015.) 2015 has been the most […]

The post Straight Talk: Vincent Chui, head of Asia institutional equity distribution & PWM, Morgan Stanley appeared first on Asian Private Banker.

Some of Asia’s most powerful bankers swap ideas and share knowledge   The CEO panel discussions at Asian Private Banker’s Investment Advisory Summits, held in Hong Kong and Singapore last month, are the events’ most eagerly-anticipated feature.They did not disappoint, as candid and spirited discussions with some of the most powerful leaders in the private banking industry. In Hong Kong […]

The post View from the top: CEO panel discussion appeared first on Asian Private Banker.

Nearly three months after this publication reported the departure of a former managing director from Goldman Sachs’ private wealth management arm, a rival American private bank has hired the veteran of ten years’ experience. Vivien Webb joins Morgan Stanley as a managing director and head of sales for China and Hong Kong. Webb was most recently a managing director Goldman […]

The post Former Goldman Sachs managing director re-emerges at rival American private bank appeared first on Asian Private Banker.

Morgan Stanley continues to effect management changes that it believes better reflect the “alignment between [our] wealth management and institutional businesses”. According to an internal memo seen by Asian Private Banker, both Amanda Chen, head of Southeast Asia sales and Eric Kang, head of Indonesia sales will be assigned to new roles. Chen will lead a newly established “Strategic Transaction […]

The post Senior management shuffle at Morgan Stanley Private Wealth Management appeared first on Asian Private Banker.

Far from trying to be all things to all people, Morgan Stanley has decided to capitalise on the strength of its institutional business by aligning it with the private wealth management unit and, unveiling leadership changes in Asia. “Before we made the decision to align our businesses, we asked ourselves: What is our edge?” commented Vincent Chui, the bank’s former […]

The post Morgan Stanley aligns private wealth management and institutional businesses, unveils leadership changes appeared first on Asian Private Banker.