Managers of Wealth Asia Pacific

HSBC Hires Wealth Teams Across Asia

Recruitment for wealth teams across Hong Kong, Singapore and mainland China is on track.

Gold demand rises as investor buying spree offsets jewellery plunge- GFMS

That offset a 40% year-on-year fall in consumption of gold by jewellers to 308.6 tonnes, a 19% decline in use by industry to 75.3 tonnes and an 11% dip in purchases by central banks to 129.3 tonnes, the report said.

Hurun Global Rich List 2020

The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.

IIFL Wealth Management Makes a Clean Sweep at the Euromoney Private Banking and Wealth Management Survey 2020

The wealth management landscape is undergoing significant changes and creating new opportunities as well as risks for investors.

Vietnamese bank MB partners Bordier to launch wealth management unit

The new business is based at the MB Private Banking Center in Ho Chi Minh City.

VP Bank receives two awards at Greater China WealthBriefingAsia Awards for Excellence 2020

The two awards are presented by WealthBriefingAsia, an Asia-focused daily news and analysis service of the WealthBriefing Network.

MB officially launches MB Private

Pioneering Swiss-standard private banking in Vietnam, MB Private offers a suite of advisory and financial services and dedicated Relationship Managers with local expertise and global know-how.

DBS Enhances Advice and Client Engagement for HNWIs

The report will also be provided as supplements to monthly client statements.

Vietnam Bank Taps on Bordier to Launch WM Arm

MB marked the occasion with the opening of the MB Private Banking Center in Ho Chi Minh City on Tuesday.

HSBC’s new retail and private banking targets the globally mobile

The bank also intends to expand in the three major markets where it has scale.

Market update - Some Observations by Gary Dugan

The Greatest Risk is Denial

Singapore Budget 2020: Funds and wealth management implications

In keeping with the theme of the 2020 Budget to help ward off a predicted downturn in the local economy, a suite of corporate tax changes were announced.

UBS' Elite Squad of Top Bankers

After a day of meetings, the executives, part of a cadre of influential bankers at the Swiss wealth manager in the rank of «group managing director,» or GMD, were grouped for a team-building event.

HSBC targets the globally mobile with US$1.4t wealth business

HSBC will also target wealthier customers who travel or invest often overseas in more than 10 markets such as China where its share is smaller.

HSBC’s Newly Merged Wealth Unit «Hopefully Scary for Competitors»

In addition, HSBC will also target more than 10 markets for wealthier clients that frequently travel or invest overseas such as China where its market share is smaller.

HSBC blinked while Asian lenders kept their eyes on the prize

While the world's global bank ramped up its self-analysis, Singaporean, Swiss and even a Liechtenstein-based bank grabbed wealth management businesses across Asia.

New StanChart hub for affluent clients

The centre has been set up for high-net-worth individuals with at least $1.5 million in assets under management with the bank.

HSBC to cut 35000 jobs worldwide as profits plunge

Alongside the publication of our full-year results, we today update you on our plans to improve the Group’s returns by 2022 to allow us to meet our growth ambition and sustain our current dividend policy.

AMP wealth earnings halve as investors flee

AMP reported a full-year net loss of $2.5 billion, with underlying profit of $464 million

Temasek invests in FNZ

This was the first investment from the CDPQ-Generation partnership, who came together to make large-scale, long-term sustainable investments.

Wealth and Asset Management