Pioneering the next revolutionof private wealth.
It has been ten years since Bank of China, the first bank in the country, started to offer private banking services in 2007. These same ten years also witnessed the most incredible private wealth accumulation in China.
Though the growth rate keeps the top ranking in the world, it starts to cool off, after a three-year boom from 2014 to 2016 caused by globally low interest rate and increasingly strict regulations, along with stringent domestic capital controls on foreign exchange and overseas investments. Institutions have to manage asset allocation from a global perspective and provide new strategies in wealth succession to complying with needs of high net-worth individuals (HNWIs) and their families. It’s also time to put charity on agenda.
Meanwhile, a new generation of digitally savvy HNWIs has been continuously rising. To maintain long term and stable relationship with this group of clients, embracing technology revolution may provide a winning strategy in the future.
The Asian Banker’s China Private Wealth Dialogue 2017 will share professional insights, discuss future trends and seek business opportunities for all market players.