Market Commentary
Asia-Pac Private Banks Keen on Two Profitable Markets
Yuri Bender, PWM
The wealth management sector in Asia-Pacific is fiercely competitive with both international and local players fighting for a piece of the action and looking for ways to differentiate themselves from opponents
Private banks in the Asia-Pacific region are attacking two lucrative markets. The first and foremost is for high net worth individuals, dubbed the wealth management “white space” by consultancy Oliver Wyman.
The second is the ultra high net worth market, requiring banks with strong balance sheets to provide structured finance for wealthy families growing their businesses.
The rest of this article can be found at www.pwmnet.com.
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