The number of high net worth individuals in the Asia Pacific region has witnessed a stunning growth in the past few years. In this environment, the wealth management industry of the region has undergone a brisk development and the Greater China region enjoys the most outstanding performance among its peers. The pace of market development and internationalization in the Greater China region varies substantially. For all these years, Hong Kong has been one of the most important sectors of the Asian wealth management market. Under the influences of the wealth accumulation effect and the demand for the growth of wealth, the Mainland's wealth management business has been growing strongly in the most recent years, making it one of the markets with the great potential.
In fact, the development of the Mainland's wealth management services is still in its infancy. However, with clients seeking higher returns, the operation model of the banking industry has changed, prompting wealth management business to develop rapidly. Meanwhile, financial institutions and foreign banks all participate in the market of personal financial services aggressively and wealth management has become an essential strategy. In the past few years, wealth management business has achieved a substantial development with annual sales of over RMB1 trillion.
However, the global economic and financial situation suffered a heavy blow last year and stock markets around the world plummeting. The breadth and depth of such blow is unprecedented. Banks in the region were hit directly. The assets of the high net worth clients reduced considerably and they hesitate to invest for the time being. Under these circumstances, wealth management business has inevitably been profoundly stricken. Starting from the perspectives of investor protection, revival of investor confidence and maintenance of business growth, the industry is actively looking into various measures and opening up the uncharted horizon of wealth management services and products.
The inaugural "Wealth Management in Banking Summit” aims to facilitate the cooperation of the banking industry among the Mainland, Taiwan and Hong Kong. The forum will also discuss the development trend of wealth management business, and analyze the implications of the global financial crisis for wealth management business, its operation model and the reform outlook of the banking industry.
Through this forum, the financial and banking professionals and the representatives of regulatory authorities from the Greater China Region will gather in Beijing to discuss and share their experiences, and exchange views about essential topics on the reform of the structure and operation model of the financial industry.
Topics
• Mainland China - Private Wealth Management Redefined
• Hong Kong – The Evolving Regulatory Framework
• Taiwan – The Opportunities for Wealth Management Business in the region
• Asia Wealth Management Overview
• Differences between the Hong Kong and Mainland Investors
• Offshore Private Banking Operation in China
• Trust, Wealth Management and Estate Planning
• The Competition Landscape of China's Wealth Management Markets
• Taiwan Bank – The Outlook of Taiwan's Wealth Management Markets
• The Effective Use of Technology in Wealth Management
Format:
One Day Conference (Lunch Provided) with Presentations and Panel Discussions
Date and Time:
15th July 2009 (9:00am - 5:00pm)
Location:
Beijing
Fees:
Free of charge (Registration Required)
Language:
Mandarin
Who Should Attend?
• Financial Institutions (Banks and Non-Bank)
• Regulators
• Legal / Financial Advisors
• Consultants
• Professionals and Academics
• Human Resources Director
• CIO/COO/CTO
• Business Managers
• Marketing Director
• IT and Solution Vendors