12/21/2023
Ping An Bank: China’s Private Banking Leader
Throughout 2023, global economic challenges and risks related to inflation, interest rates, geopolitical factors, and banking stability have cast a shadow over the capital markets.
Wealth and Asset Management
12/21/2023
Over 10,000 Standard Chartered Clients Join SC Inner Circle to Co-Create More Intuitive Banking Experiences
The Bank recognizes the need to gain valuable insights from its clients on its offerings and banking experience and launched SC Inner Circle.
12/21/2023
BDO Private Bank opens Iloilo Wealth Center
Iloilo is home to BDO Private Bank’s ninth Wealth Center in the Philippines and its third outside of Metro Manila.
12/20/2023
Synpulse Announces Successful Implementation of Avaloq Wealth Management System at BNI
The implementation has improved several key areas within BNI, including advisory services, trading, settlement processes, and customer support.
12/19/2023
Hywin’s debacle underscores close links between China’s property and wealth management sectors
The Shanghai-based wealth manager says it has set up a special committee to look into the matter
12/19/2023
Family offices in Singapore to face tougher screening measures
MAS will be facing enhanced checks
12/19/2023
BNP Paribas hopes China wealth management arm to break even by 2026
CEO of venture remains 'cautious' in face of foreign bank onslaught into market
12/18/2023
Family Offices Named Geopolitics as Top 2023 Risk
This was followed by investing in alternatives and realigning portfolios towards growth opportunities.
12/18/2023
Mirae Asset Celebrates 20-year Anniversary in Hong Kong
The Company continues to benefit from the unique advantages offered by Hong Kong as a gateway to Mainland China.
12/14/2023
Pictet Asset Management launches Investing in the Future University Competition 2023 in Asia
PAM manages 17 thematic equity strategies, with USD 63 billion in assets under management as of 30 September 2023.
12/14/2023
Credit Suisse Scraps Wealth Business in China
UBS currently holds one such license and it has not yet merged with Credit Suisse’s Chinese entities.
12/14/2023
NAB and Jarden Wealth to launch New Zealand wealth & asset management business
Under the Proposed Transaction, NAB and Jarden Wealth will each receive a cash payment along with a retained shareholding of 45% and 20% respectively.
12/14/2023
Asian riches push private bankers to up their game
Region is projected to overtake the US for financial wealth by 2025
12/13/2023
Hywin International CEO Discusses the Path to Greater International Expansion 2024
The conversation then turned to Hywin’s priorities for the coming year.
12/13/2023
Asia-Pacific Family Offices Thrive Amid Market Challenges: Insights from The Asia-Pacific Family Office Report 2023
The total wealth of the surveyed Asia-Pacific families was estimated at US$68 billion, with a combined AUM of US$41 billion.
12/12/2023
Hong Kong Multi-Family Office Acquires AI Firm
The purpose of the acquisition is to further develop an AI-based family office system called «DL-GPT» which was rolled out in mid-November.
12/12/2023
More than half of Apac family offices report asset growth despite challenges: study
Of the 330, 76 of these family offices – nearly a quarter of the sample or 23 per cent – were in Apac.
12/11/2023
Nomura announces asset management tie-up with OCBC
It is the first such collaboration between the two and has been driven by the resurgence of the Japanese economy
12/11/2023
Macquarie private bankers pop up at rival
Shaws has been on a tear this year, picking off almost 20 Morgan Stanley Wealth Management Australia advisers last month who together oversee some $3 billion in total assets.
12/11/2023
Family offices are the first step to tap onshore Chinese wealth
Currently, UBP’s family office business in China mainly serves local clients in areas such as asset management, wealth management, and professional governance through workshops and partnership opportunities.