I. Introduction
Federated Learning (FL) is a learning paradigm that collab-oratively trains machine learning models among distributed clients, preserving data privacy for each client. In recent years, FL has been widely applied in various domains, such as finance and healthcare, where private data are isolated. Although FL has achieved great success in training a shared global model, the performance of the shared model would be unsatisfactory for specific clients. The reason is that each client possesses a distinct data distribution, and a shared model fails to generalize well to the heterogeneous data distribution across different clients. To this end, Personalized Federated Learning (PFL) has emerged, aiming to provide personalized ML models for different clients [1]–[5]. In the literature, existing PFL solutions fell into two categories, i.e., global model personalization and personalized model construction.