05/30/2023
Singaporean wealth management fees are set for weak growth in 2023
In their Q4 2022 results, Singaporean major banks revealed that their revenue was negatively impacted by low wealth management fees
05/30/2023
In their Q4 2022 results, Singaporean major banks revealed that their revenue was negatively impacted by low wealth management fees
05/29/2023
The move marks another setback for the bank in its legal battle with the Georgian oligarch.
05/29/2023
This is more attractive than typical bonuses which are linked to fee-generating assets which requires clients to invest, in addition to opening an account and banking their assets.
05/29/2023
The current situation in China makes that abundantly clear.
05/26/2023
According to local government estimates, the city-state is home to about 700 family offices, up from 400 in end-2020.
05/26/2023
The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.
05/26/2023
This renewed partnership with Tai Kwun echoes the central place towards social responsibility by Crédit Agricole group and is part of a global and coordinated approach within Indosuez.
05/25/2023
In November 2022, China announced the implementation of private pension plans for individuals, in addition to government pensions and employer programs.
05/22/2023
These and other questions were put to a small, select group of speakers in a Q&A at the Hubbis Philippines Wealth Management Forum in Manila on March 22.
05/22/2023
This would mark more record-breaking accomplishments in the future after an all-time high net profit of S$8.2 billion in 2022.
05/19/2023
HSBC’s Wealth Portfolio Lending service enables clients to borrow against the value of their existing investment portfolio
05/19/2023
Amy Lo, head and chief executive UBS Hong Kong and co-head wealth management Asia, will be on the judging panel for the second round of pitches from global and local startups in Hong Kong.
05/18/2023
Some clients reacted strongly and transferred their funds elsewhere
05/18/2023
UBS exited Australian wealth management less than a decade ago
05/16/2023
This will help AlTi further expand in Asia in addition to its existing presence in Hong Kong.
05/15/2023
Citi banks one-third of Asia’s billionaires.
05/15/2023
China’s recent economic data shows an uneven economic recovery, which will unnerve investors.
05/12/2023
It also comes with a number of surprising forecasts.
05/12/2023
HSBC has attracted USD22 billion globally in net new money in the first quarter, with almost two-thirds of that coming from Asia, Nuno Matos, global head of wealth and personal banking, said in an interview.
05/11/2023
The rapid expansion of the mass affluent market segment in Asia means wealth managers and private banks are keen to ‘democratise’ their services and their investment offerings across a wider audience of clients.