07/30/2019
DBS Q2 profit jumps 17% to S$1.6b, maintains loan growth forecast
The Singaporean bank's net profit came in at S$1.6 billion in the three months ending June
Wealth and Asset Management
07/30/2019
Citi Hong Kong today launches Citi PayAll
With the launch of Citi PayAll, we not only give our clients an alternative means to make their payments easily and smartly through our mobile app, but also offer them more value on their regular spending.”
07/30/2019
The Challenges and Opportunities for Wealth Management in Indonesia
Hubbis, together with Swiss private bank Bordier & Cie as our exclusive event partner, assembled a group of prominent wealth management experts in Jakarta in July for a private discussion on the development of the Indonesian private banking and asset
07/29/2019
Jupiter defends EM debt risks
Separately, the firm plans to expand its GEM fixed income team to include an Asia-focused analyst, according to Alejandro Arevalo, London-based emerging market fixed income fund manager at Jupiter Asset Management.
07/28/2019
How These India-focused Family Offices are Running the Show From Dubai, Singapore & Mumbai
A conversation with 3 family offices that are investing in India from different locations have one common learning - Indian families are closed about their wealth & the way they want to invest it
07/27/2019
Cube Wealth expands into Hong Kong, Switzerland and UK
The company works by allowing the customer access to a SEBI
07/27/2019
China's leading bank ABC's wealth management subsidiary to start business
The move followed similar announcements earlier in May by the country's two other large lenders, Industrial and Commercial Bank of China and the China Construction Bank, to start wealth management subsidiaries.
07/26/2019
Lessons for Australian family offices
Hale is currently working as senior adviser to the family office team at PwC and as he’s being exposed to the family offices of Australia’s elites
07/26/2019
Differentiated Wealth Management in India - the Julius Baer Way
“Everyone knows of the growth and outlook for India’s economy and financial markets.
07/26/2019
Cube Wealth announces plans to expand Asset Management Business into Hong Kong
Cube Wealth hopes to solve the problem that foreign investors face by facilitating investment in stock markets by lower income customers through the use of their technology, according to a report by IBS Intelligence.
07/26/2019
Private wealth arm to tap wealthy Filipinos
The bank joins a number of wealth and asset managers that have recently set up in the country.
07/25/2019
Money market funds growing in Asia despite low returns
Funds provide a way for investors to preserve capital and liquidity over performance, offer high level of diversification
07/24/2019
AIA plan aims to plug protection, wealth creation gaps for HNW clients
Among those who are confident in their ability to grow wealth
07/24/2019
Wealth planning - the super-rich are not spared
Wealthy families grapple with a host of issues arguably more complex than those facing individuals of modest means
07/23/2019
HSBC Private Banking Boosts Philippines Coverage
HSBC Private Banking continues its hiring drive in Asia with the addition of three relationship managers focusing on the P+--hilippines high-net-worth segment, both in on and offshore locations.
07/23/2019
Shruti Advani: «When I'm Asked About Barclay's Plans For Asia...»
Although the bank has been testing the feasibility of a second Asian inning since then, leadership changes at the group level meant the project did not have the sponsorship it would require. Until now.
07/23/2019
Single family office numbers up 38 per cent
The total estimated AUM of these family offices stands at USD5.9 trillion, while the wealth of the families behind them totals USD9.4 trillion.
07/22/2019
Ping An-Backed Wealth Manager Exits P2P Lending
Lufax, formerly Shanghai Lujiazui International Financial Asset Exchange, is valued at about $39.4 billion and Ping An Insurance was reportedly seeking to buy back $12 billion in shares in June, signaling confidence.
07/19/2019
Luxury homes, is Manila the place to buy property now while the going is good?
The Philippines capital and Singapore are considered the hottest destinations in Asia by consultancy Knight Frank
07/19/2019
Singapore warns wealth managers not to exploit Hong Kong turmoil
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity.