Managers of Wealth Asia Pacific

A Wave of New Banking Leadership in Asia

This was the result of mergers, restructuring, succession or simply the day-to-day fast-paced changes that are commonplace in the region.

GoTyme Bank reaches 5 million users in 2024

The bank is aiming to reach 9 million customers by end-2025.

Citi Establishes Securities Lending Collaboration

The collaboration will take advantage of the large ASEAN client base of Maybank Securities as well as Citi’s securities lending platform

CIMB launches Malaysia’s first e-invoice payment terminal

The device also functions as a standalone Point-Of-Sale (POS) system.

Deutsche Bank launches merchant solutions in Asia Pacific, empowering eCommerce growth

DataMesh consolidates cross-border payment data and enables Deutsche Bank’s clients to centrally manage their payments across currency borders and different jurisdictions.

ASX Release - Completion of AMP Advice transaction

The new partnership creates a sustainable business model for AMP Advice, while providing advisers continuity of services, relationships and retention of their community.

Maybank recognises financial literacy champions at the 3rd Regional Financial Education Excellence Awards 2024 in the Philippines

Group continues commitment in financial literacy, positively impacting over 370,000 children, trained more than 6,300 teachers across 1,370 schools in eight countries.

Hang Seng Bank Unveils Newly Renovated Hong Kong Main Branch with the Debut of the Market-New 'Come to You' Service Concept

Applications of Innovative Technology and Environmental-friendly Designs

Access Bank UK expands footprint with Hong Kong branch

The launch of the Hong Kong branch establishes Access Bank UK

Sale of Commonwealth Private’s personal advice business

This decision reflects the evolving needs of high-net-worth clients and aligns with our strategy to focus on expanding our private banking services and deliver the best long-term outcomes for them.

Westpac FY24 Result

The impact of overseas elections and geopolitical uncertainty remain difficult to predict and therefore it makes sense to maintain a strong balance sheet.

Organisational changes to improve operational performance

As part of these changes, a group-wide operations function will bring together existing operations functions to create greater alignment and support each division more effectively.

OCBC: First Bank in Singapore With New Intraday Lending

Such transactions can be completed within the day as the exchange of cash and tokenized securities through the blockchain is nearly instantaneous.

SIX and China Construction Bank Corporation Agree on a Joint Collaboration

Both CCB and SIX are interested to jointly explore potential for co-operation and collaborate together.

StanChart Refreshes Global Indian Proposition

The Indian diaspora now has a more ‘global' investment outlook,» commented Rajesh Kannan, managing director, head of global Indian and head of wealth and retail banking UAE, Jersey (UK).

StanChart Offloads India Personal Loan Book

The deal is expected to be completed over the next three months, subject to regulatory and other approvals.

HSBC Reportedly Probes Digital Wealth Unit in China

The review was started after the appointment of global insurance CEO Ed Moncreiffe in April.

Bank of Japan's Regional Report Signals Nationwide Economic Recovery

The report showed that consumption has been improving not only in Tokyo but also in other local economies.

SBI plans to recruit around 10,000 new employees during FY25 for efficiency

The total staff strength of the bank stood at 232,296 as of March 2024, of this, 110,116 officers were on the rolls of the bank at the end of last fiscal

HSBC Premier Enhanced to Focus on Key Needs of Mass Affluent Customers' Lives, Across Wealth, Health, Travel and International

The new features are now available in Hong Kong, with plans to progressively launch some of these new features in Singapore from next week, and in the UK from next month.

Retail Banking