finews.asia Releases 2025 Private Banking AUM League Table

Written by Richard Otsuki | Editor

The growth of assets under management among Asia’s top private banks accelerated in 2025 to surpass $2.5 trillion, according to finews.asia's annual AUM League Table, marking the third consecutive year of expansion since the pandemic.

The top 10 private banks in the region saw assets under management (AUM) grow 22.5 percent year-on-year, or $460.2 billion, to reach an all-time high of more than $2.5 trillion at the end of last year, according to finews.asia's 2025 Private Banking AUM League Table.

With a supportive macro environment that included continued economic growth, positive market performance and relatively limited geopolitical risks (especially compared to 2026), 2025 was undoubtedly illustrated as a year where «a rising tide lifts all boats» as it marked the third consecutive year of expansion following a two-year contraction during the Covid era.

Accelerated Growth

And the tide rose notably faster, with growth significantly outpacing the 13 percent increase in 2024. In fact, eight out of the 10 private banks grew faster than the previous year.

UBS Global Wealth Management in Asia added a record $130 billion in invested assets to hit $795 billion, including $62.5 billion of net new assets (NNA), compared to just a $20 billion increase and $2.9 billion of NNA in 2024, demonstrating its post-integration growth capabilities.

J.P. Morgan Private Bank was the leader in growth rate at 39.1 percent, up from 29.5 percent last year, and is now inches away from HSBC Private Bank for the runner-up position at $299 billion and $302 billion in AUM, respectively.

Growth was not purely dominated at the top either. After J.P. Morgan, the fastest rates were registered by Morgan Stanley Private Wealth Management (+25.7 percent), LGT Bank (+24.2 percent) and BNP Paribas Wealth Management (+22.3 percent).

Asia Share Reversal?

One year ago, we pondered whether or not Asia’s share of global private banking AUM had bottomed after steadily declining from 17.3 percent in 2021.

Did we predict correctly? Using like-for-like metrics, this figure climbed up slightly for the first time since, from 13.1 percent in 2024 to 13.6 percent in 2025. Perhaps the industry is finally making a true pivot to Asia.

See finews.asia’s 2025 Private Banking AUM League Table below.