Is Vietnam ready for private banking?

The Swiss firm has hired its first private bank chief based in China, as it continues to build out local businesses in Asia. It's not clear whether it is still seeking local mainland partners.

Private banks are seeking to develop robo-adviser offerings or buy small rivals to tackle the potential threat from big telecoms or technology firms. This is the second article in a two-part series.

More wealth industry consolidation looks inevitable in Asia, as firms face higher costs, margin compression and rising competition from independents. They must adapt, but how?

Wealth managers at the island's banks are facing increasing criticism over their habit of “churning” clients into new funds. It is fragmenting the industry's overall asset base.