Foreign and local banks battle for China’s golden generation

The private banking industry is coming of age in China, as the number of new millionaires in the country rockets. Foreign and local banks are rushing to offer them wealth management services. Clients have sky-high expectations, and meeting them will be tough.

Private Banking and Wealth Management Survey 2011

Press release

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Wealth managers chase India’s burgeoning rich

Foreign and local banks battle for China’s golden generation

The Survey
Full results index
Methodology

“I HAVE TWO clients who to me illustrate the extremes we’re dealing with in China,” says an experienced private banker in the country.

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