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Wealth management - Asia

Wealth Management Asia 2005

The world’s fastest growing wealth management market represents a golden carrot dangling in front of international bankers, and they all want a slice of the action. - -

Content

Rich harvest in fields of gold

Ask any international private banker about the future of his business and he will point to fields of gold in the Asia Pacific region.

Recruitment: Small banks short of ammunition in talent wars

Rising staff costs could cause problems if market growth slows, writes Florian Gimbel

Onshore or offshore: Reputational risk spices up dilemma

Tales of ‘suitcase bankers’ have focused attention on the relative merits of the two contrasting approaches

Singapore: Offshore centre has the Swiss on a roll

The financial bolthole for the region’s Chinese tycoons has aimed to attract funds from the rest of the world’s rich

India: Growth creates new wave of rich

The wealth profile is changing fast, writes Khozem Merchant.

Boutique banks: Discreet home for ‘quiet money’

Small service providers are bullish.

Japan: Opportunity knocks for banks with stamina and guile

Only a small fraction of the rich use private banking, and sensitivities about money make it hard to win customers. So far western banks have fared better.

Hong Kong: Billionaires help keep the boom times going

Strong growth has underpinned private banking