DBS Private Bank hires veteran Chan Kwee Him to spearhead the growth of its high-net-worth business in Indonesia, and also names Bryan Goh as head of alternatives.
Sumitomo Mitsui Banking Corporation, Barclays Wealth and Nikko Cordial Securities announce a private banking joint venture in Japan.
Despite limited evidence that economic prospects have changed, investor sentiment is being driven by the financial markets and is bullish.
The global financial crisis has caused the assets of the world's high-net-worth individuals to fall by an unprecedented 19.5% to $32.8 trillion.
A Barclays Wealth study shows that family business leaders are thinking about recruiting top talent from outside the family and have long-term goals in mind.