Ms. Shih said UBS, which has around 1, 000 "client advisers" in the region, hired 140 private bankers in the Asia Pacific region last year and have already hired "dozens" this year.
Retail sales fell in October, while purchasing manager surveys in the region showed private-sector business activity declined in November, amid reduced consumer spending.
Private banks in the region also have to spend a great deal of time doing due diligence on potential new clients, since regulations on money laundering are becoming stricter and Asians are often secretive about the origins of their wealth.
As part of the private sector in the MENA region, I do believe we can take on this challenge.
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The region's largest private employer, Northrop Grumman, puts 12, 000 people to work at its Ship Systems unit, up recently but about half the number of employees who worked there in 1977.
Egypt, whose 85m-strong population helped make it the most popular destination for private-equity investments in the region between 2003 and 2008, has suffered from both the financial crisis and the revolution last year.
Our region is riddled with private golf and beach clubs which cater to wealthy residents, snow-birds and others who, for largely business reasons, decide the cost of club membership and commute from, say New York, are nevertheless justifiable.
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Leaders of at least one other big region say the same in private.
Citigroup estimates that private banking in the Asia-Pacific region, excluding Japan, will grow at an annual rate of 20-30% in the next five years.
The competitive environment has led some smaller private bankers to pull out of the region, and industry executives expect more firms will leave the market.
Prices of non-landed private homes outside Singapore's central region rose 3.4% in the fourth quarter from the previous quarter, accelerating from a 1.0% rise in the third quarter.
He secured the agreement of his colleagues on the LEP to write to the prime minister suggesting Birmingham could pilot Lord Heseltine's new localist agenda, in partnership with the region's public and private sectors.
And most of the water in this region right here is on this private ranch.
Across the region, families are the largest private financers of education and provide 30% of all primary education resources.
Participants in the Expert Meeting included experts from the fields of conservation and development, academia, representatives from the private sector and government officials from both the region and from their official development partners.
Why is it that every other major region of the world has amassed significant private wealth, but not Africa?
We will engage with the private sector as well as partner countries in the region to determine specific projects within these four priority areas.
The fifth Regional Consultation dedicated to the European region as well as institutions from the private sector will be hosted by the Netherlands in the first quarter of 2013.
It will call upon the private sector in the United States and throughout the region to contribute to the economic well-being and the economic competitiveness of the region by participating in this 100, 000 strong in the Americas.
In the private sector Jamaica's Sandals runs resorts across the region.
Another such private, regional currency is Berkshares, traded in the Berkshire region of Massachusetts.
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But my preferred approach would be that all the payers - Medicare, Medicaid, private insurers - would jointly negotiate with all the hospitals in the region a common fee schedule and then everyone would pay that.
Private-housing prices in the city-state's core central region rose 0.6% in the second quarter, compared with a 0.6% fall in the January-April period.
Another is that in the region's seven main economies, bank lending to the private sector fell by 20% in real terms between mid-1998 and October 2003.
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Directing investment, both public and private, to overcome such obstacles is one of the many tasks facing the region's democracies.
The awards recognize the achievements of private sector, and public-private initiatives in successfully restoring structures, places and properties of heritage value in the region.
The question now for the North East and Cumbria is can the private sector grow fast enough to cushion the impact of big spending cuts on the English region that is most dependent on the public sector?
Governments in the region have followed Chile's lead and decided to get out of the way of private airlines.
Although private colleges dominate the ranks of the best in the Midwest, and the top 10 schools in the region are all privately operated, there are also plenty of excellent and more affordable public colleges.
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