10/19/2022
Ares Management Launches Secondaries Team in Asia Pacific
Danielle Lau Joins as Managing Director to Invest in Real Estate Secondary Market Opportunities
Wealth and Asset Management
10/18/2022
Digital wealth manager buys stake in Hong Kong family office
Combined group has $4bn in AuM
10/18/2022
Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Delisting Notification and Plans to Appeal
At the hearing, the Company intends to present its plan to regain compliance with the Rule to the Panel.
10/17/2022
ABS launches new guidelines for sustainable private banking, wealth management practices
ABS director Ong-Ang Ai Boon said the guidelines will help private banks and their clients in their transition towards a low-carbon economy.
10/14/2022
Raffles Family Office Launches Digital Asset Platform
The platform aims to become a one-stop solution offering aggregator, independent asset management, gatekeeper, and private wealth advisory services to UHNW families with traditional assets as well as crypto-native investors.
10/13/2022
Allianz Global Wealth Report 2022: The last hurrah
This amounts to adding two eurozones to the global financial pile.
10/12/2022
Goldman Sachs: Up to $8 Billion Capital Gap at Credit Suisse
Credit Suisse is two weeks away from unveiling its strategic review with the spotlight placed on a variety of issues, most notably questions about how the bank will fund its investment bank restructuring, in addition to the sale of assets like its securit
10/12/2022
HSBC China doubles down on global private banking expansion
With an expanded private banking footprint in cities beyond Beijing, Shanghai, Guangzhou and Shenzhen, HSBC becomes the first international bank to set up a dedicated private banking service team in Western China.
10/11/2022
HSBC Extends Private Banking Coverage to Western China
The new locations will make it the first global bank to set up a dedicated private banking services team for western China.
10/11/2022
UBS Secures New Office Space in Hong Kong
The project is expected to be completed by 2025 and UBS is expected to occupy the new premises in early 2026.
10/10/2022
Hong Kong to woo family offices from Middle East, Europe as city reconnects with investors after Covid-19 isolation
A team of InvestHK officers will visit Dubai and Abu Dhabi from October 17 to 22, followed by a trip to London and Zurich in November
10/10/2022
Asia and Middle East Families Withdraw Assets at Credit Suisse
One Asian family office that pulled out cash said it was told by the bank that there was a queue of unprocessed transactions that resulted in some temporary backlogs.
10/10/2022
Wealth Management Connect: higher investment quota, greater choice are key to improving bay area’s cross-border scheme
Many investors want the cap on individual investments raised by at least five times from the current 1 million yuan (US$140,528)
10/06/2022
New challenges alter the game for private banking
Announcing the winners of The Asset Triple A Private Banking and Wealth Management Awards 2022
10/05/2022
Credit Suisse Loses Handful of Private Bankers in Hong Kong
They include managing director and China market leader Luke Chiu, director and team leader Nelson Hui alongside two relationship managers, Hong Kong team director Steven Lau and another two senior private bankers last month.
10/03/2022
Rich kids’ boot camps return as private banks woo next-gen wealth
While the private banks tried to replicate in-person shindigs with Zoom seminars and learning portals during the pandemic, these didn’t always succeed in sufficiently engaging the next generation.
09/30/2022
Standard Chartered Singapore launches first-of-its-kind affluent deposit account
Exclusive to its Priority Banking2 segment, clients can earn up to 3.50% p.a. interest on the first SGD500,0000 of deposit balance with no lock-in period and no spend criteria.
09/30/2022
Chinese family offices post robust growth
The average assets under management for Chinese family offices increased threefold last year compared with three years earlier, according to a study.
09/29/2022
Credit Suisse Brightens Dull Singapore IB Market
In the M&A any involvement league table, Credit Suisse jumped from 11th to sixth place, recording five deals worth $9.9 billion.
09/28/2022
Retail investor capital presents USD8.2 trillion growth opportunity for sustainable investing
The new research by Standard Chartered identifies the potential for retail capital mobilisation across 10 growth markets, highlights barriers faced by currently faced by investors, and provides solutions to expand sustainable investing into a mainstream