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Despite the challenging economic climate, mainland China was home to 300,000 high-net-worth-individuals (HNWIs), worth a combined $1.3 trillion in 2008. And the number of Chinese HNWIs estimated to grow by 6% in 2009. As the fastest growing market, China is attracted Sino-foreign banks to compete in the private banking industry. Taking consideration of the infancy of local financial market, many riches are preferential to manage their fortunes offshore in previous Chinese emerging market. The foreign funded banks occupy the most part of market share. The occurrence of financial crisis makes Asia especially China become the minimal negative influential country and the safest market. Chinese rich families are even preferential to invest at home, which brings huge development opportunities for China private banks. By contrast, China private banking market, with huge market potential, needs perfection of supporting infrastructure in its infancy.

Private Banking Congress 2009 will gather senior executives from Sino-foreign banks, Swiss banks and family offices as well as regulators to discuss about how to optimize product offerings, improve services levels and broaden offering channels, offering a great platform for them to share their viewpoints about High Net Worth Individual needs and China private banking future roadmap. This event also will provide you with the fast and accurate information on this industry, the chance to raise the profit and seek the cooperation.

Private Banking Congress 2009 will be co-located with the 3rd Annual Funds Forum China 2009. The 2 joint events will attract expectedly 500+ delegates.





PRESIDENT, GM, HEAD, DIRECTOR, MANAGER FROM:

• Standalone private bank
• Private banks part of larger banks
• Family office
• Wealth management
• Retail banks
• Investment banks
• Funds
• Stock brokers
• Trust companies
• Insurance companies
• Asset management
• Independent financial advisors
• Investment Management
• Strategy Planning
• IT Solution Provider
• Survey / Consulting Firms
• Law Firms
• Tax and Accounting Firms
• Certification/Training
• Accounting
• Audit
• Auctions
 
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Carolyn Leng
CIMB Private Banking
  Xu Fan
China Everbright Bank
  Xu Hao
Bank of Communications
 
He Gang
Pudong Development Bank
  Ci Sun
UBS Securities
  Johnson Chng
Bain & Company China
 
Hsiao-Yun Lee
SG Private Banking
  Lv Yimin
SDIC TRUST CO., LTD
  Gao Jian
China Minsheng Banking Corp., LTD.
 
Yuan Danxu
Shenzhen Development Bank
  Huang Jinlao
Bank of China
  Liang Yue
Zhongrong International Trust CO., LTD.
 
Wang Yiman
Zhonghai Trust CO., LTD.
  John Qu
Roland Berger Strategy Consultants
  Nicholas Hacking
ERI Banking Software Pte Ltd.
 
   
Peter Collins
FT Business, Wealth & Asset Management Group
     
 
Agricultural Bank of China
Bank of China
China Construction Bank
Shanghai Rural Commercial Bank
Zhejiang Chouzhou Commercial Bank
China MinSheng Bank Shanghai Branch
Industrial Bank
Huaxia Bank

• Despite steep market capitalization losses, China’s HNWI (high-net-worth-individual) population surpassed that of the U.K. to become the 4th largest in the world in 2008(364k HNWIs) (Source: World Wealth Report 2009, Capgemini & Merrill Lynch)

• China HNWIs held possession of investment assets about 8,800 billion Yuan ($1,257 billion) in 2008. (Source: China Private Wealth Report 2009, China Merchants Bank & Bain & Company)

• China financial products sold by 83 banks rose up to 3,700 billion Yuan ($528.6 billion) in 2008, with a growth rate of 400% (Source: China Banking Regulatory Commission)

• The China private banking showed its huge growth potential in 2008. For example, the customers of private banks from CMB (China Merchants Bank Co., Ltd) grew by 35% than that in 2008. Compared with 0.016% private banking customers in the whole customers of CMB, the total assets of private banks accounted for 16%.(Source: China Merchants Bank)

From Research Team in Production Department (JFPS Group)

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