Bank of China
Until recently, private banking was something that only happened offshore it was literally a foreign concept in China. As such, it is perhaps not surprising that, today, the Chinese bank with the biggest international operation has learned the most about building a private banking business.
Thanks to this worldwide network, Bank of China has absorbed some of the management and marketing techniques used by the industry’s global leaders, successfully implanting these ideas into its own domestic and overseas private banking platform.
It has recently taken this a...