Private banks in Hong Kong (updated 2022 list)

Many high net worth individuals turn to private banks for financial services and wealth planning. Private banks offer a more exclusive and individualized service, when compared to retail banks.

The demand for services offered by private banks in Hong Kong and across Asia has grown exponentially in recent years, prompting many international private banks to shift their strategic focus to the region.

Hong Kong is now the most strategically important location for private banking institutions in the Asia region.

According to the Hong Kong Securities and Futures Commission, total assets under management held by private banks in Hong Kong rose to around $11.5 trillion in 2021, an increase of 25% compared to the previous year.

What are the top Private banks in Hong Kong?

Bank of China (Hong Kong) Private Banking
BNP Paribas Wealth Management
Bank of East Asia
China CITIC Bank
Citi Private Bank
China Construction Bank (Asia) 
Credit Suisse
DBS Private Bank
Deutsche Bank Wealth Management
Goldman Sachs Private Wealth Management
HSBC Private Bank
Indosuez Wealth Management
J.P. Morgan Chase & Co.
Morgan Stanley Private Wealth Management
RBC Investment Management (Asia)
Standard Chartered Private Bank
UBS

Bank of China (Hong Kong) Private Banking

What they say:

“Bank of China (Hong Kong) is your one-stop wealth management solution offering a perfect balance of personal and corporate banking services to meet your needs as well as your family and corporate needs.”

Minimum client investable assets: ~$US5 million

Address:

6/F Bank of China Tower
1 Garden Road, Hong Kong

Website: https://www.bochk.com/en/privatebanking/index.html

BNP Paribas Wealth Management

What they say:

“For over 150 years, BNP Paribas Wealth Management in Asia has been committed to protecting your wealth, developing it, and helping you to manage and transfer your legacy. We deliver a tailor-made experience with outstanding attention to detail and expertise across the BNP Paribas Group from precise local knowledge to broad global know-how spanning real estate, private equity and project financing, including yachts and jets.”

Minimum client investable assets: ~$US10 million

Address:

63/F Two International Finance Centre,
8 Finance Street, Central, Hong Kong

Website: https://www.bnpparibas.com.hk/en/wealth-management/

The Bank of East Asia

What they say:

“At The Bank of East Asia, we fully understand the importance of selecting a private banking partner that best meets your individual needs. You need a partner with the expertise to help you grow your wealth, a partner who is fully dedicated to you and your financial goals, and a partner whom you can count on to have your best interests in mind at all times. That’s the kind of partner we can be for you.”

Minimum client investable assets: ~$US2 million

Address:

8/F, 10 Des Voeux Road Central,
Hong Kong

Website: https://www.hkbea.com/html/en/bea-value-of-bea-private-banking.html#bespoke-services

China CITIC Bank

What they say:

“By providing value-creating financial solutions to define and exceed both wealth management and international business objectives of Greater China and overseas customers, CNCBI aspires to be “the best integrated financial services provider”, with the highest international standards and capabilities.”

Minimum client investable assets: ~$US2 million

Address:

M2, Lippo Center,
89 Queensway,
Hong Kong

Website: https://www.cncbinternational.com/private-banking/en/index.jsp

Citi Private Bank

What they say:

“We offer you customized private banking that crosses borders. We connect you to opportunities globally and introduce you to a unique network of your peers. Our focus is always upon you and the needs of your wealth.

Minimum client investable assets: ~$US25 million

Address:

30/F, Citibank Plaza Citibank Tower
3 Garden Rd, Central, Hong Kong

Website: https://www.privatebank.citibank.com

China Construction Bank (Asia) 

What they say:

“We are determined to become the world’s first-class private bank. Providing premier wealth management services by creating added-value to our client’ portfolios.”

Minimum client investable assets: ~$HK15 million

Address:

China Construction Bank (Asia) 19/F CCB Center,
18 Wang Chiu Road, Kowloon Bay, 
Kowloon, Hong Kong

Website: https://www.asia.ccb.com/hongkong/private/index.html

Credit Suisse

What they say:

“At Credit Suisse, we have been building private banking partnerships for more than 160 years. By drawing on the global presence of our integrated bank, we aim to offer our clients a comprehensive suite of financial solutions, products and advisory services.

Minimum client investable assets: ~$US5 million

Address:

Level 88, International Commerce Centęr,
1 Austin Road West, Hong Kong

Website: https://www.credit-suisse.com/hk/en/private-banking.html

DBS Private Bank

What they say:

“In an age of disruption, wealth management needs to be nimble and forward looking. Every day is a test – to advance towards your goals, while being perfectly attuned to your needs. We have assembled a team of the best people across disciplines and areas of expertise, to do precisely that. Behind them are the resource, services and products of an entire bank.”

Minimum client investable assets: ~$HK25 million

Address:

11/F., The Center,
99 Queen’s Road Central, Hong Kong

Website: https://www.dbs.com.hk/private-banking/default.page

Deutsche Bank Wealth Management

What they say:

“The Private Bank focuses on private customers across all segments as well as business clients. In Hong Kong SAR this division is represented by a highly competitive wealth manager.

Minimum client investable assets: ~$US5 million

Address:

60/F International Commerce Centre 1,
Austin Road West Kowloon, Hong Kong

Website: https://country.db.com/hongkong/

Goldman Sachs Private Wealth Management

What they say:

“It is a privilege to advise the world’s most influential people and institutions. Goldman Sachs’ deeply personal approach goes beyond wealth and investment management – it is a lifelong partnership for growth. Join us for unparalleled access to expertise, opportunity and each other.”

Minimum client investable assets: ~$US10 million

Address:

68th Floor Cheung Kong Center 2
Queen’s Road Central, Hong Kong

Website: https://privatewealth.goldmansachs.com/us/en/apac

HSBC Private Bank

What they say:

As your trusted adviser, we harness the capabilities across our Private, Commercial and Global Market Banking services to amplify the impact of your wealth. We tailor our services, solutions and specialist recommendations across three financial pillars: wealth planning, investing & financing.”

Minimum client investable assets: ~$US5 million

Address:

Level 13 and 14, 1 Queen’s Road Central,
Hong Kong

Website: https://www.asia.privatebanking.hsbc.com.hk

Indosuez Wealth Management

What they say:

“As Architects of Wealth, our clients enjoy exceptional service and experienced advice at various topics, allowing them to optimise their investment decisions. In addition to the traditional and bespoke wealth management solutions offered, we deliver professional execution and precision banking services to ensure our clients’ satisfaction and the achievement of their individual goals.

Minimum client investable assets: ~$US3 million

Address:

One Pacific Place, 88 Queensway,
Admiralty, Hong Kong

Website: https://hongkong.ca-indosuez.com/indosuez-in-hong-kong

J.P. Morgan Chase & Co.

What they say:

“From our offices in Hong Kong and Singapore, J.P. Morgan Private Bank serves the complex wealth management needs of ultra high net worth clients in countries across the region. Our specialists in investing, lending, financial planning, trusts and philanthropy collaborate to deliver personalized and comprehensive wealth plans.”

Minimum client investable assets: ~$US10 million

Address:

27/F Chater House
8 Connaught Road Central, Hong Kong

Website: https://privatebank.jpmorgan.com/gl/en/locations/asia

Morgan Stanley Private Wealth Management

What they say:

“For 85 years, Morgan Stanley has been a global leader in financial services, with the scale and stability to help bring you valuable opportunities. Our priority is managing wealth with the highest standard of care and providing financial advice to help support your goals at any stage of life.

Minimum client investable assets: ~$US2 million

Address:

International Commerce Centre 
1 Austin Road West Kowloon, Hong Kong

Website: https://www.morganstanley.com/about-us/global-offices/asia-pacific/hong-kong

RBC Investment Management (Asia)

What they say:

“Your goals are unique to you – and important to us. We look beyond the numbers to create a wealth management plan tailored to your complex needs and goals – whether here or around the world.

Minimum client investable assets: ~$US2 million

Address:

15/F, Cheung Kong Center
2 Queen’s Road Central, Hong Kong

Website: https://www.rbcwealthmanagement.com/en-asia/

Standard Chartered Private Bank

What they say:

“We understand what drives your success. Our full spectrum of banking services offers you the opportunity to grow both your business and your personal wealth, helping you build an enduring legacy for the future.

Minimum client investable assets: ~$US2 million

Address:

Level 5, The Forum, Exchange Square
8 Connaught Place
Central Hong Kong

Website: https://www.sc.com/en/banking/banking-for-individuals/private-banking/contact-us/

UBS

What they say:

“Anything is possible when you manage your money the right way. At UBS Wealth Management, our mission is simple: to guide you towards a brighter future for your investments, your business, and your family.

Minimum client investable assets: ~$US3 million

Address:

Two International Finance Center,
8 Finance St, Central, Hong Kong

Website: https://www.ubs.com/hk/en/wealth-management.html

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