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• August 24, 2010 - Citi Battles To Gain Edge In Hunt For NRI Business
  

  Citi Private Bank has an almost unrivalled capacity to serve a fast-growing and important segment of the world’s wealth management industry – non-resident Indians – one of the US private bank’s senior executives argued recently. In the alphabet soup of acronyms that infest financial news, one that comes up with increasing frequency is NRI, a term describing people of Indian origin or citizenship living outside the home country. It is testimony to increased globalisation and the wealth of the Indian sub-continent that this segment is now getting such prominence.

• June 1, 2010 - Exclusive Interview - Ambit Capital's Wealth Head Talks About Prospects For India
  

  India's growing affluent demographic has caught the attention of many investors and analysts worldwide, many of whom have predicted that the country, along with China, will outdo first world nations like the US and the UK over the next years, if not already. The recently released Wealth Report 2010 by Knight Frank and Citi Private Bank complements this expectation, highlighting the likes of New Delhi and Mumbai as thriving markets for the wealthy. The South Asian country's property sector alone, with property being a key asset among the high net worth numbers, has been estimated to hold a $66 billion market potential -- and this is just the tip of the iceberg.

• March 14, 2010 - Deutsche Bank On Succession Planning In Asia
  

  The discussion over succession planning and wealth management, particularly in Asia, has been a rather tricky one given the unique and highly close-knit nature of most local family structures. That is a challenge Deutsche Bank's wealth management business aims to tackle. While the old generation has built the foundations of the mega-businesses of today, it is up to their kin to ensure that the legacy lives on.

• June 11, 2009 - Australia's NAB In Big Wealth Push
  

  Australian banking group NAB started its private bank as a division within business banking earlier this decade. Now, a few years on, NAB has moved the private bank to its wealth management division as part of a change in strategy. In late May, NAB, or National Australia Bank, announced it was creating a new wealth services division, MLC & NAB Wealth, with the private banking business sitting within it.

• May 27, 2008 - Macquarie Private Wealth Asia's Joseph Poon
  

  Joseph Poon says that this time last year many of the potential hires he is now talking to would never have taken his call.   “They were coming off a bull market, they were doing well, their clients were doing well and the market was helpful,” says Sinapore-based Mr Poon, the head of Macquarie Bank’s new operation, Macquarie Private Wealth Asia.   “But now that the market is coming off they are being a bit more discerning about what platform is going to be good for their careers long term, and we are finding that a lot of these people are questioning their own viability in their organisations which are now in a weakened state.