04/18/2023
HSBC GWM sees ‘massive opportunities’ in China
HSBC's wealth and personal banking CEO, Nuno Matos, is encouraged that investment schemes will make mainland China a ‘significant wealth market’.
Wealth and Asset Management
04/18/2023
BNP Paribas' wealth management unit to launch in Thailand
BNP Paribas named Daniel Peter as chief executive of the wealth management unit in Thailand.
04/17/2023
Julius Baer Opens New Hong Kong Office
The new space will complement its existing office in the central business district’s International Finance Center building.
04/17/2023
MAS has not issued a directive – tacit or otherwise – to banks to keep quiet about the origins of wealth inflows
The increased fund flows into Singapore were from high net-worth individuals from different markets.
04/14/2023
HSBC Plans to Add 30 Private Bankers in Fresh India Wealth Push
Only a quarter of India’s $600 billion wealth industry, which is expanding annually at 12%, is managed professionally, Julius Baer Group Ltd. said earlier this year.
04/13/2023
UBS Mulls Keeping Credit Suisse Private Wealth Unit Targeting India's Wealthy Diaspora
In recent months, UBS has already hired several Credit Suisse private bankers in Singapore to target India's wealthy client portfolio, including Gautam Anand, a managing director.
04/11/2023
India's ASK Private Wealth is on a hiring spree
The Indian wealth manager aims to triple AUM in 3 years, reaching out to more in the $1 million wealth tier, says CEO.
04/11/2023
UBS: Middle East Family Offices Eye Hong Kong
The bank’s outreach to clients includes familiarizing them with new local measures including a revamped investment-based migration scheme, tax incentives and upcoming art storage facilities.
04/06/2023
LGT Wealth India and Asset Vantage announce collaboration
Through this collaboration, both companies have come forward to deliver a superior technology solution, which seamlessly consolidates portfolios across multiple accounts and investments for family offices.
04/05/2023
Credit Suisse Collapse May Put Singapore in the Spotlight
Singapore’s political stability, transparent government policies and pro-business environment remain intact, said Citibank Singapore CEO Brendan Carney.
04/04/2023
Metrobank named PH’s best bank for ultra-high-net-worth clients
It was also named as the Best Bank for the Ultra-High Net Worth clients.
04/04/2023
Stanchart Benefits from Significant Shifts in Private Banking
UBS's forced takeover of Credit Suisse announced a little over two weeks ago, is also likely to have an impact notwithstanding Standard Chartered's current strong sweet spot in the mass affluent market.
04/03/2023
Sydney wealth manager launches online solution
Sarto Invest would have a minimum investment of $25,000 and be delivered in collaboration with the platform OpenInvest.
04/03/2023
How flexing of wealth has become a way of life for many Indonesians
The new practice of public officials in Indonesia showing off their lavish wealth on social media has driven a stir.
03/31/2023
Asia’s best international private bank 2023: JPMorgan
Revenue in the last three months of 2022 alone was $2.4 billion, a 22% year-on-year jump that was driven by higher deposit margins on lower balances.
03/31/2023
HSBC takes centre stage in positioning Hong Kong as an international wealth hub for family offices
The bank took part in the government’s recent Wealth for Good summit that hosted some of the world’s wealthiest families and their representatives
03/30/2023
UBS celebrates ten years of UBS Optimus Foundation in Hong Kong
Enhances philanthropy offering through a new UBS Donor Advised Fund (DAF)
03/30/2023
HSBC Global Private Banking response to Hong Kong's family office incentives
Hong Kong, as an international asset and wealth management centre, has a clear competitive advantage to serve the sophisticated needs of global business families and their family offices as they look to expand their operations in Asia and beyond.
03/30/2023
Singapore Leads Asia for Cross-Border Private Capital
Singapore will remain among the most active markets for overseas investors due to its reputation as a safe haven.
03/29/2023
WMI and the Private Banking Industry Join Forces to Strengthen Singapore’s Position as a Philanthropy Hub
The IPP, supported by the Monetary Authority of Singapore (MAS), will create a dedicated series of events and research publications to build greater awareness and momentum for philanthropy and newer models of giving such as venture philanthropy and impact