, Taiwan

Stanchart launches Private Banking in Taiwan

With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.

According to a report in International Adviser, Peter Flavel, global head of Standard Chartered Private Bank, said: “The private bank will bring international investment expertise and a full range of value-added advisory services. Our deep home market knowledge of Asia, Africa and the Middle East and our presence across Asia, Middle East, Europe and Americas connects clients to the growth economies of the world.

"Taiwan has a tremendous market potential. We aim to catch this pace of growth by taking leadership position in private banking in Taiwan and doubling our AUM over the next three years. We are launching in the right market at the right time and we aim to be the right financial partner for our clients for generations in Taiwan."

The private bank will provide financial planning and wealth structuring services, as well as investment management and access to various products linked to these services.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!