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Private Banking Directory - Features
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[Sponsored Article] By capitalising on the synergy between its Private, Corporate & Institutional and Commercial Banking businesses and client bases, Desmond Liu, Regional Head of Private Banking, Greater China and North Asia at Standard Chartered Bank says that it has set a target to grow assets under management from US$57 billion at the end of 2015 by US$25 billion by 2018. Liu notes that this commitment to Private Banking and Wealth Management is a critical part of the broader Bank's strategy to reposition itself for growth. A strong balance sheet and solid capital base provides a notable differentiator and allows the Bank to offer credit solutions to clients,  which according to the 2015 Capgemini Asia-Pacific Wealth Report, plays a prominent role in the portfolios of high-net-worth (HNW) individuals.

[Sponsored Article] Bank of Communications is backing its customised approach to win over Hong Kong's wealthy with its first-class OTO FORTUNE private banking service first launched in 2008. Introduced to the Hong Kong market in 2010 to coincide with the establishment of its state-of-the-art private banking service centre in the city, the bank offers comprehensive, integrated wealth management services to Hong Kong’s high net worth clients—without the limit of boundaries. 

[Sponsored Article] Steven Lo, Citi Private Bank Managing Director, Global Market Manager (Hong Kong) says while Citi Private Bank’s principals and objectives to serve clients remain the same, to meet client expectations, reallocation strategies have been designed to both preserve and grow wealth. For instance, Lo says while real estate investments remain a preference for many Asian investors, real estate investment opportunities in Asia, particularly in Hong Kong, have become less attractive as a consequence of the economic downturn in Asia, driven in large part by China’s slowdown and fluctuations in the global markets.