Financial Times FT.com

Scramble to manage wealth in Asia

By Kevin Brown

Published: October 21 2009 18:53 | Last updated: October 21 2009 18:53

A bay scene of buildingsReuters
Towering assets: strong economic growth could propel Asia-Pacific past North America as the largest region for wealth management by 2013

Global and regional banks are scrambling to expand their private banking operations in Asia, keen to capture a slice of the wealth being created by strong economic growth and – perhaps – a flood of business from Switzerland.

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