In PwC Hong Kong's new private banking report 2023 we highlight emerging trends and regulatory developments across five areas of focus, namely product offering, clients, people, client experience and digitalisation and how they may reshape the private banking landscape in the Hong Kong Banking and Capital Markets sector. Our study compares investor preferences for advisory vs discretionary mandates in Hong Kong and Switzerland. What effect will the portfolio-based approach and the new sophisticated professional investor status have on these private banking institutions? Read our report to know more.