BNP Paribas Launches Onshore Wealth Management in Thailand, Hires Credit Suisse Daniel Peter as CEO of BNP Paribas Wealth Management Thailand
19th April 2023 | Singapore
BNP Paribas has launched onshore wealth management in Thailand, hiring Credit Suisse Thailand Team Leader Daniel Peter as CEO of BNP Paribas Wealth Management Thailand. Daniel Peter has extensive experience in the Southeast Asia private banking industry, joining from Credit Suisse (Team Leader of Wealth Management Thailand) and prior was at UBS. BNP Paribas: “This new wealth management entity in Thailand will provide clients access to international capital markets by leveraging BNP Paribas’ comprehensive platform in Singapore. Clients in Thailand will be serviced by a team of experienced relationship managers to meet the fast-growing and increasingly sophisticated private wealth needs for offshore investment. BNP Paribas Wealth Management is the largest private bank in the Eurozone, and a leading private bank in Asia with operations in Hong Kong, Singapore, Taiwan and Thailand. Capturing the significant opportunity arising from Asia’s fast-growing wealth creation is core to the BNP Paribas Wealth Management’s strategic priority. Our strength lies in our One Bank model, our robust in-house capabilities, and our extensive global networks that enable us to provide distinct and relevant wealth solutions. With Daniel’s appointment, we are well-positioned to meet the evolving wealth needs of our clients in Thailand and the rest of Southeast Asia.” Thailand is the 2nd largest economy in Southeast Asiawith $505 billion GDP and 71 million population. Indonesia has the largest economy in Southeast Asia with $1.1 trillion GDP. View: 2023 Top 20 Richest in Thailand
“ BNP Paribas Launches Onshore Wealth Management in Thailand, Hires Credit Suisse Daniel Peter as CEO of BNP Paribas Wealth Management Thailand “
BNP Paribas Launches Onshore Wealth Management in Thailand
Arnaud Tellier, CEO Asia, BNP Paribas Wealth Management: “BNP Paribas has been banking with entrepreneurs and families in Thailand since 1979. With the launch of enhanced wealth management capabilities, we are now able to offer a comprehensive array of solutions that allow us to better serve high net worth individuals and their families in Thailand.”
BNP Paribas Hires Credit Suisse Daniel Peter as CEO of BNP Paribas Wealth Management Thailand
BNP Paribas with the launch of onshore wealth management in Thailand, hires Credit Suisse Thailand Team Leader Daniel Peter as CEO of BNP Paribas Wealth Management Thailand.
Daniel Peter has extensive experience in the Southeast Asia private banking industry, joining from Credit Suisse (Team Leader of Wealth Management Thailand) and prior at UBS.
Billionaires in Thailand
BNP Paribas – According to a report published by McKinsey in November 20221, wealth management in Thailand is expected to grow strongly over the next five years, with assets under management growing about 10 percent per year. The latest Hurun Global Rich List published in March 2023, mentions Thailand as the billionaire capital of Southeast Asia, with 46 billionaires (worth at least $1 billion) in 2022, ranked 11th in the world. The rising wealth is driving greater demand for wealth planning, investment diversification and international banking.
Thailand is the 2nd largest economy in Southeast Asiawith $505 billion GDP and 71 million population. Indonesia has the largest economy in Southeast Asia with $1.1 trillion GDP. View: 2023 Top 20 Richest in Thailand
BNP Paribas Wealth Management
BNP Paribas Wealth Management is a leading global private bank and the largest private bank in the Eurozone with more than €411 billion worth of assets under management as at December 2022. Present in three hubs in Europe, Asia and the Middle-East, it employs over 6,800 professionals who support High-Net-Worth and Ultra-High-Net- Worth individuals in protecting, growing and passing on their assets. The bank aims at building a sustainable future by combining its deep expertise and reach with its clients’ influence and desire for impact.
BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 190,000 employees, including nearly 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- June 2024 - Hong Kong
- June 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Investment Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
