11/08/2024
UOB Posts Record Fees
The Group achieved a strong quarter with record net profit
Wealth and Asset Management
11/08/2024
DBS establishes SGD 3 billion share buyback programme
Shares will be bought in the open market and cancelled
11/07/2024
Super-rich Indian families join Ambanis in setting up family offices in Singapore
Many of these families come from humble beginnings and now want to ensure their prosperity is passed down to the next generation, along with the values that helped grow it.
11/05/2024
Apac family offices use philanthropy to blood next-gen
Regional family offices are increasingly using their philanthropic ventures as a training ground for younger family offices, say private banks.
11/05/2024
BNY Closes Acquisition of Archer
The entry into the definitive agreement to acquire Archer was previously announced on September 5, 2024.
11/04/2024
Nomura Reports SecondQuarter Financial Results
Best Wealth Management performance in nine years, underpinned by 30% growth in recurring revenue YoY amid progress in asset management business initiatives
11/04/2024
Standard Chartered has completed first HKD-denominated blockchain test settlement with Ant International’s Whale platform
This is the first time Standard Chartered has conducted HKD blockchain transactions with Ant International
11/04/2024
Apollo Plans to Double Asia Pacific Headcount in Private Wealth
Hiring will mostly come from Japan, Korea and Australia
11/04/2024
Asia’s family offices: Driving transformation in wealth management
But to reap all the benefits, family offices must address some structural issues.
11/01/2024
Forex settlement ceiling raised as Taiwan aims to be wealth management hub
The bank said individuals wanting to exchange more than the maximum can apply to the central bank, meaning that despite the ceiling, funds can flow freely to and from Taiwan.
10/31/2024
UBS's third-quarter 2024 results
Delivering on cost-reduction ambitions with additional USD 0.8bn in gross cost savings realized in 3Q24 and USD ~7.5bn expected for full-year 2024
10/30/2024
Bank of Singapore collaborates with iCapital to expand financial intermediaries access to alternative investments and insights
This initiative helps Bank of Singapore’s ambition to grow its financial intermediaries, family office, and wealth advisory (FFWA) assets under management by 50% for the period of 2024 to 2026.
10/30/2024
Standard Chartered Results for the third quarter
The Group delivered a strong performance in the third quarter of 2024 with underlying operating income of $4.9 billion
10/29/2024
$3.5tn wealth transfer scares Aussie advisers: Natixis
Advisers reported retaining the assets 71% of the time when a spouse inherits, but this drops to just 38% when children inherit.
10/29/2024
Hong Kong launches task force to reinforce asset, wealth hub stats
Hong Kong's assets under management exceeded $31t by the end of 2023.
10/29/2024
HSBC Holdings plc 3Q 2024 Earnings Release
I’m committed to building on this strong platform for growth.
10/28/2024
Citi brings game-changing digital solutions to wealth management and institutional banking
Cross-sector collaboration among key players in the fintech ecosystem is transforming the client experience
10/28/2024
China Targets Offshore Income: Implications for Private Bankers
Recent developments reveal that the Chinese authorities are focusing on overseas investment gains, with tax officials summoning high-net-worth individuals for assessments.
10/25/2024
BNP Paribas WM holds two-day next-gen event in Hong Kong
Private banks in the region are relaunching or rolling out their next-gen programmes across key cities to be best positioned during the big wealth transfer across generations.
10/24/2024
DBS named Safest Bank in Asia for the 16th consecutive year by Global Finance
DBS ranked 2nd on the 50 Safest Commercial Banks list for the third consecutive year