Like other Japanese lenders, MUFG has been eager to expand abroad due to declining opportunities in its home market, which has a rapidly aging population and low-interest rates.
Hiring may have slowed for 2022, as is typical for most year-ends, but recruiters said they have received mandates for the next year that include salary packages between 20 and 40 per cent above the norm, as employers jostle for talent.
“The SuperApp will integrate a spectrum of financial and wealth offerings under one easy to access ecosystem, transforming how Malaysians view and approach wealth creation,”
Top figures from various sectors were present, including finance, such as Financial Secretary Paul Chan, HSBC’s current APAC co-chief David Liao and Hui Xian Asset Management chairman Kam Hing-lam.
Topics covered include inflation, fossil fuel financing, and social issues, among others.
“economies that are growing rapidly such as that of the Philippines, tend to accumulate wealth faster and this is why the number of Filipino multi-millionaires is expected to more than double by 2030.”