Asia's rising wealth to propel finance industry past US: report

FinanceDeloitte says China to lead in scale and innovation as regional economy expandsA report published by the international accounting firm forecasts that Asia-Pacific will become the largest contributor of financial services value added worldwide by 2035. (Source photos by Reuters and Shinya Sawai）JADA NAGUMOAugust 26, 2026 08:01 JSTTOKYO -- The Asia-Pacific region's financial services industry is expected to overtake that of the U.S. in terms of the economic value it generates, reaching as much as $4.8 trillion thanks to the region's growing economy and rising wealth, according to Deloitte.