Finally, a set of guidelines drafted by private banks for private banks, says Catherine Tillotson of Scorpio Partnership.
Barclays Wealth hires nine bankers in Singapore and three in Hong Kong as it continues to expand in the region.
Union Bancaire Privée, Lombard Odier, and Pictet hire new Asia heads as the competition for both talent and clients in the industry continues to intensify.
The Swiss private bank poaches Vincent Wang, Liew Chin Choy and Charles Yeoh from competitors to strengthen its offering in Asia.
Hong Kong looks to be growing in importance as a wealth-management centre, as regional private-banking heads set up shop and more firms seek banking licences.
The new chief executive will aim to expand Credit Agricole's private banking business in the region.
Regional wealth-management head Hansi Mehrotra is to relocate to Singapore from Sydney, while Desmond Lee joins from DBS Asset Management.
Ong Yeng Fang joins the firm in Singapore.
Private Bank continue Asia expansion with appointment of Asia market head.