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Event Overview: According to the ranking of the top 25 in Scorpio Partnership Global Private Banking Benchmark 2016, Chinese private bank made the ranking for the first time. China Merchants Bank takes the 20th place with $192.9 billion AUM in 2015. ICBC takes the 23 rd place with $154.1 billion AUM in 2015. The AUM growth of these two Chinese private banks is impressive. An increasing number of Chinese private banks are expanding their business in Asia. They are building global service network to better serve their HNW clients.

On the other hand, International private banks are seeking strategic cooperation with Chinese financial institutions. After Swiss-based private bank Julius Baer purchased a $17.5 million stake in Jupai holdings limited, a US-listed Chinese wealth manager, on Dec. 31st, 2015. Another Swiss-based private bank Credit Suisse reached an agreement on Hong Kong private banking business cooperation with China Minsheng Bank. More China HNWIs will have access to globalized and market-oriented products and services in the near future.

2017 is very crucial to financial institutions with wealth management business in Asia. Many Chinese private banks welcome their 10th anniversary in 2017. Asian players are faceing challenges like how to cope with global tax transparency, how to provide globalized and digital service and how to run a sustainable private banking business when they are expanding business in Asia. The Wealth Management and Private Banking Asia 2017· Hong Kong, takes place on May 25th-26th, 2017 in Hong Kong China. The annual event will bring together leading private banks, family offices, wealth management institutions, trust companies, law firms and consulting firms from China and APAC. As a leading private banking event organizer, we believe this annual event will consistently provide a great platform to share professional insights and seek business opportunities for all market players.

>>> For more information, please contact:

Angela SUN | +86-21-5242 8067 | angela.sun@shine-consultant.com | www.private-bank-china.com