Swiss private bank Bordier & Cie has joined forces with a Vietnamese lender to develop services in the Southeast Asian country, one of the hot “frontier markets” over recent years. This is the editor's choice of the week as a news story.

Recently, the Swiss Bankers Association talked about the steps that medium-sized banks should take to tap into the surging wealth of Asia. And as if on cue, Bordier & Cie tied the knot with a Vietnam bank this week in part of a trend that is already seeing several Swiss banks work with local Asia partners. This story is our choice of the week.