Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP
Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP

Private banks fail to gain traction in China

Relatively low returns and curbs on capital transfers dampen affluent clients' interest

Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP
Eduardo Leemann, chief executive of Falcon Private Bank. Photo: SCMP
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