Citi's private banking division recently hosted its annual 2026 Asia-Pacific Family Office Leadership Summit in Hong Kong, bringing together over 150 family office principals, next-generation members, and influential investors from across the region to explore key trends shaping the future of wealth, investment, and succession planning.

Bernard Wai, Head of Citi Wealth's Global Family Office Integrated Client Solutions for Asia-Pacific, stated that through the firm's global family office team, the bank provides services to more than 1,900 family office clients worldwide. He noted a continuing trend of family offices pursuing investment and governance in a more institutionalized and long-term oriented manner. The bank's core strengths are built upon its global network and the One Citi platform, consistently prioritizing a client-first philosophy.

Artificial intelligence is creating fresh opportunities for improving operational efficiency, but long-term success still relies on solid leadership, trustworthy partnerships, and the capacity to nurture the next generation in responsibly managing and preserving family wealth. Dawn Nordberg, Global Head of Citi Wealth's Family Office Integrated Client Solutions, noted that AI is reshaping global capital allocation, business models, and competitive dynamics. For family offices, decisions made over the next decade regarding investment, innovation, and governance will influence development prospects and legacy for generations to come.

Horace Yip, Head of Citi Private Bank in Hong Kong, pointed out that Hong Kong continues to cement its position as a leading wealth management and family office hub in Asia. As the city with the highest number of billionaires in the region, Hong Kong clearly demonstrates its enduring appeal as a center for wealth creation and investment. With family offices becoming increasingly international, the bank is witnessing robust demand for global network connectivity, specialized wealth management solutions, and expert advice. Leveraging Citi's global network and local advantages, the bank is uniquely equipped to support family offices navigating an increasingly interconnected global market environment.